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Vision Church 300 E Main St 5,000 SF Office Building Decherd, TN 37324 $491,126 CAD ($98.23 CAD/SF) 8.33% 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 |
$49,113
|
$9.82
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$49,113
|
$9.82
|
| Taxes |
$1,774
|
$0.35
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,774
|
$0.35
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $49,113 |
| Annual Per SF | $9.82 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $49,113 |
| Annual Per SF | $9.82 |
| Taxes (CAD) | |
|---|---|
| Annual | $1,774 |
| Annual Per SF | $0.35 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $1,774 |
| Annual Per SF | $0.35 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1900/2020
Price
$491,126 CAD
Price Per SF
$98.23 CAD
Cap Rate
8.33%
NOI
$40,927 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,500 SF
Building FAR
1.28
Lot Size
0.09 AC
Zoning
C - Commercial
Parking
1 Spaces (0.2 Spaces per 1,000 SF Leased)
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 056O-E-026.00 | Total Assessment | $57,189 CAD (2025) |
| Land Assessment | $2,128 CAD (2025) | Annual Taxes | $1,774 CAD ($0.35 CAD/SF) |
| Improvements Assessment | $55,061 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
056O-E-026.00
Land Assessment
$2,128 CAD (2025)
Improvements Assessment
$55,061 CAD (2025)
Total Assessment
$57,189 CAD (2025)
Annual Taxes
$1,774 CAD ($0.35 CAD/SF)
Tax Year
2024
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Presented by
Vision Church | 300 E Main St
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