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Vision Church 300 E Main St 5,000 SF Office Building Decherd, TN 37324 $523,470 CAD ($104.69 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- 4000sqft commercial and 1000 sqft residential space
EXECUTIVE SUMMARY
Great opportunity to own a cash flowing asset. This listing is for both 300 E Main St Decherd, TN (tax ID 056O E026.00) and 302 E Main St Decherd, TN (tax ID 056O E 026.01). Property is currently leased with Vision Church.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$50,253
|
$10.05
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$50,253
|
$10.05
|
| Taxes |
$1,815
|
$0.36
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,815
|
$0.36
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $50,253 |
| Annual Per SF | $10.05 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $50,253 |
| Annual Per SF | $10.05 |
| Taxes (CAD) | |
|---|---|
| Annual | $1,815 |
| Annual Per SF | $0.36 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $1,815 |
| Annual Per SF | $0.36 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1900/2020
Price
$523,470 CAD
Price Per SF
$104.69 CAD
Cap Rate
8%
NOI
$41,878 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,500 SF
Building FAR
1.35
Lot Size
0.09 AC
Zoning
C
Parking
1 Spaces (0.2 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 056O-E-026.00 | Total Assessment | $58,517 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Annual Taxes | $1,815 CAD ($0.36 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
056O-E-026.00
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$58,517 CAD (2025)
Annual Taxes
$1,815 CAD ($0.36 CAD/SF)
Tax Year
2024
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Vision Church | 300 E Main St
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