Well positioned property with a strong business generating $42k in NOI for the landlord after expenses (NNN lease). Priced well at an 8% cap rate for a property that is 100% leased by a business that is relatively immune to a recessionary environment.<br/><br/>Brokered And Advertised By: Signature Investments Group<br/>Listing Agent: Yousef Shaban
Sold for $325,000
Street View
$325,000
326 W Main St, Parsons, TN 38363
--beds
--baths
897sqft
Unknown
Built in 1989
-- sqft lot
$-- Zestimate®
$362/sqft
$875 Estimated rent
Home value
Not available
Estimated sales range
Not available
$875/mo
Zestimate® history
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Owner options
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What's special
Facts & features
Interior
Heating
- Other
Cooling
- Other
Features
- Flooring: Tile, Concrete
Interior area
- Total interior livable area: 897 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 0.50 Acres
Details
- Parcel number: 049MA01400000
Construction
Type & style
- Home type: Unknown
Materials
- masonry
- Foundation: Footing
- Roof: Built-up
Condition
- Year built: 1989
Community & neighborhood
Location
- Region: Parsons
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2023 | Sold | $325,000+116.7%$362/sqft |
Source: Public Record Report a problem | ||
| 7/23/2009 | Sold | $150,000+4.9%$167/sqft |
Source: Public Record Report a problem | ||
| 10/25/2004 | Sold | $143,000$159/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,561 -22.3% | $76,560 +23.2% |
| 2024 | $2,008 -1.5% | $62,160 |
| 2023 | $2,039 -4.4% | $62,160 |
Find assessor info on the county website
Neighborhood: 38363
Nearby schools
GreatSchools rating
- 5/10Parsons Elementary SchoolGrades: PK-4Distance: 0.4 mi
- 5/10Decatur County Middle SchoolGrades: 5-8Distance: 2.8 mi
- 5/10Riverside High SchoolGrades: 9-12Distance: 3.8 mi
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