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951 Pelham Rd, Woodbury, TN, 37190

2beds
1baths
3,500sqft
$389,900
$111price/sqft
$2,968/moest. monthly cost
$118,720/yrincome needed

About This Home

Prime commercial potential opportunity in a high visibility location! Situated at 951 Pelham Rd in Woodbury, TN, this versatile property offers incredible potential for investors, business owners, or those looking to live and work in one convenient location. The property features a 50x70 metal building complete with a 2 bedroom, 1 bath living space ideal for on site management or rental income. In addition, there is a 30x70 metal building along with a separate shed that can also be utilized for living quarters, storage, or business operations, providing multiple income producing possibilities. Currently income producing with tenants in place, this property offers immediate cash flow. Its location directly across the street from a Dollar General ensures consistent traffic and excellent visibility, making it an ideal setting for a variety of commercial uses. Whether you're looking to expand your business, invest in rental property, or develop a new venture, this property offers flexibility, functionality, and a strategic location in a growing area. Don’t miss this unique opportunity to capitalize on a property with both residential and commercial potential!

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

4/10
4/10
3/10
Cannon County High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 1998

Materials

  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Electric Oven,Refrigerator

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Flooring: Concrete
  • Finished area above ground: 3,500

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,500
  • Total interior livable area: 3,500 sqft

Property

Details

  • Parcel number: 052 06500 000
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 5.02 Acres

Parking

  • Total spaces: 8
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 8
  • Covered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather
Cold Wave

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,971$23,652
Home Insurance $206$2,472
Property Taxes $507$6,084
Electricity $284$3,412
Total$2,968$35,616

Income You'd Need if You Spent...

35% on housing$101,760/yr
40% on housing$89,040/yr
45% on housing$79,146/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -4.6%
-4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$111This listing

vs Other Active Listings

Avg $/sqft

ZIP 37190$224
Cannon County$188

vs Homes Sold Last Month

Median $/sqft

ZIP 37190$227
Cannon County$234

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-10Listed for sale$399,900
2017-04-28Sold$120,000
2008-04-14Sold$197,000

For Sale by Agent

AgentChance Baker
BrokerageUnited Real Estate Middle Tennessee

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