1478 New Columbia Highway

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1478 New Columbia Highway

Lewisburg, TN 37091
Asking Price
$455K
Asset Type
Commercial Land
Class
Class B

What's Special

Prime 2.97 Acres C-4 Commercially Zoned <h3>Property Highlights</h3><ul><li>​<strong>2.97± Acres | C-4 Commercial Zoning</strong></li><li>​<strong>All Utilities Available</strong> – City water, sewer, and electric available at the road</li><li>​<strong>Predominantly Level Site</strong> offering excellent development potential with reduced grading requirements</li><li>​<strong>Approx. 400 ft</strong> <strong>of Prime Highway Frontage</strong> with outstanding visibility on New Columbia Hwy (US-431)</li><li>​<strong>11,500+ Vehicles Per

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NOI
$80,000
Cap Rate
17.58%
DSCR
2.96
Strong
Cash-on-Cash
38.82%
Monthly Payment
$2,251.092
Annual Cash Flow
$52,986.899

Location & Travel Times