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    519 Tpke Rd Lawrenceburg, TN 38464

    For Sale
    $350,000

    Large Shop & Apartment, Great Location

    Property size:
    4,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional mixed-use property at 519 Turnpike Road, Lawrenceburg, TN, offers a unique blend of residential and commercial space. The property encompasses a generous 1.02-acre lot with excellent road frontage, providing ample space and visibility. The main building features a spacious 800-square-foot, one-bedroom apartment, easily convertible to a two-bedroom layout, complete with a full kitchen, one full bathroom, and two half-bathrooms. The apartment includes washer and dryer hookups and boasts two new HVAC systems for year-round comfort. The substantial 3200-square-foot shop is a key feature, equipped with six 12-foot doors for convenient access and maneuverability. Ideal for a variety of uses, including automotive repair, restoration, woodworking, or other similar businesses. The property also includes an additional storage building, providing extra space for equipment or inventory. New flooring is being installed, and updated photos will be available soon. The property's size, layout, and location make it an attractive investment opportunity with significant potential. The total square footage of the buildings is 4,000 square feet. This property is priced at $350,000.

    Property Features for 519 Tpke Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    4,000 SF
    Lot Size
    44,431 SF

    Building Details

    Year Built
    2011
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Lawrenceburg
    County
    Lawrence County, TN
    State
    Tennessee
    Longitude
    -87.45103
    Latitude
    35.35413

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    FAQs

    What type of property is this?
    Mixed-use property - Large Shop & Apartment, Great Location
    Where is this mixed-use property located?
    The property is located at 519 Tpke Rd Lawrenceburg, TN.
    What is the asking price?
    The asking price for this property is $350,000.
    (931) 580-4669
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    519 Tpke 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
    519 Tpke Rd Lawrenceburg, TN 38464
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