WEST NINTH ST

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WEST NINTH ST

PARSONS, TN 38363
Asking Price
$250K
Asset Type
Commercial Land
Class
Class B

What's Special

1+ Acre Prime Commercial Land <p><span style="color: rgba(34, 34, 34, 1)">Exceptional 1.15-acre vacant lot ideally located within the city limits of Parsons, TN. This property is perfectly suited for a wide range of commercial possibilities including retail, office space, professional services, or mixed-use development. Situated near thriving commercial properties and state facilities, this high-visibility location offers excellent growth potential. Just steps from Parsons Community Park and only minutes from the Tennessee R

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NOI
$80,000
Cap Rate
32.00%
DSCR
5.39
Strong
Cash-on-Cash
86.88%
Monthly Payment
$1,236.864
Annual Cash Flow
$65,157.637

Location & Travel Times