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    Prosser Rd Lawrenceburg, TN 38464

    For Sale
    $399,000

    8.27 Acres, Commercial/Residential Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 8.27-acre parcel located at 0 Prosser Road E, Lawrenceburg, Tennessee presents a remarkable investment opportunity. Its versatile zoning allows for a variety of development options, making it ideal for both commercial and residential projects. The property's size and location offer significant potential for a mini-subdivision, a commercial development, or a multi-family complex such as a senior citizen community or a duplex compound. The land's strategic position offers convenient access to essential amenities, including nearby schools, a hospital, shopping centers, and the bypass, ensuring high visibility and accessibility for any future development. This prime location promises strong potential for future growth and return on investment. The property is currently vacant and ready for immediate development. Detailed site plans and aerial photographs will be available shortly. Don't miss this chance to acquire a substantial piece of land in a thriving Tennessee community. The asking price is $399,000. Serious inquiries are encouraged to explore this exciting opportunity further. Contact us today to schedule a site visit and discuss development possibilities.

    Property Features for Prosser Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    360,241 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lawrenceburg
    County
    Lawrence County, TN
    State
    Tennessee
    Longitude
    -87.34109
    Latitude
    35.22531

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    FAQs

    What type of property is this?
    Commercial real estate - 8.27 Acres, Commercial/Residential Potential
    Where is this commercial real estate located?
    The property is located at Prosser Rd Lawrenceburg, TN.
    What is the asking price?
    The asking price for this property is $399,000.
    (931) 762-3399
    Request Owner's contact information
    Prosser Rd Lawrenceburg, TN 38464
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    Lawrenceburg, TN 38464
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Prosser Rd Lawrenceburg, TN 38464
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