Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    574 Gaines St Lawrenceburg, TN 38464

    Sponsored
    For Sale
    $100,000

    Prime C3-zoned lot, high visibility, near major highways.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    354
    This exceptional commercial property, located at 574 E Gaines St in Lawrenceburg, Tennessee, presents a unique investment opportunity. Situated on a 0.49-acre lot in a bustling area, this property enjoys excellent visibility and accessibility. Its strategic location offers easy access to both US-43 and US-64, ensuring high traffic volume and significant exposure for any commercial venture. The property is zoned C3, providing flexibility for a wide range of commercial uses, allowing for diverse development possibilities. The asking price is $100,000. This presents a compelling opportunity for entrepreneurs and investors seeking a high-traffic location with significant development potential in a thriving Tennessee community. The property's size and zoning make it ideal for a variety of businesses seeking a prominent location with excellent access to major transportation routes. Serious inquiries are encouraged to explore the possibilities this prime commercial lot offers. The location's high visibility and convenient access to major highways make it an attractive proposition for businesses seeking maximum exposure and accessibility. This is a rare opportunity to acquire a well-positioned commercial property in a growing market.

    Property Features for 574 Gaines St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    21,344 SF

    We can help!

    Listing Contact
    Jenny Adcox

    Learn more

    Property Insight Report
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceburg
    County
    Lawrence County, TN
    State
    Tennessee
    Longitude
    -87.3284
    Latitude
    35.23976

    Nearby Comparable

    • $299,000
      1.80 Acres

      Prime Lawrenceburg Commercial Land

      1.8-Acre Lot, High Traffic Area
      Locust Ave, Lawrenceburg, TN 38464
      View Details
    • $249,900
      0.31 Acres

      High-Traffic Lawrenceburg Corner Lot

      Prime Commercial Lot, High Visibility, Ready to Build
      610 Locust St, Lawrenceburg, TN 38464
      View Details
    • $110,000
      1.00 Acre

      Prime Lawrenceburg Commercial Land

      1-Acre Lot, Endless Potential
      2Nd St, Lawrenceburg, TN 38464
      View Details
    • $499,900
      6,500 SF

      Prime Lawrenceburg Mixed-Use Property

      Five-Unit Building, High-Yield Investment
      401 Gaines St, Lawrenceburg, TN 38464
      View Details
    • $399,000
      8.27 Acres

      Prime Lawrenceburg Land Investment

      8.27 Acres, Commercial/Residential Potential
      Prosser Rd, Lawrenceburg, TN 38464
      View Details
    • $399,900
      7,360 SF

      Lawrenceburg Mixed-Use Investment

      7,360 sq ft, 0.44 acres, high traffic
      1213 Gaines St, Lawrenceburg, TN 38464
      View Details
    • $640,000
      14,000 SF

      Prime Lawrenceburg Commercial Quadplex

      Four buildings, 14,000 sq ft, high ROI
      1409 Buffalo Rd, Lawrenceburg, TN 38464
      View Details
    • $875,000
      8,750 SF

      Lawrenceburg Industrial Property For Sale

      Industrial property featuring loading platform and three-phase power.
      163 International Dr, Lawrenceburg, TN 38464
      View Details
    • $129,900
      2,240 SF

      Prime Lawrenceburg Retail Space

      High-traffic location, versatile building, owner financing.
      4109 Pulaski Hwy, Lawrenceburg, TN 38464
      View Details
    • $2,750,000
      16,920 SF

      Lawrenceburg Multifamily Investment Opportunity

      16-unit multifamily property built in 2017 with full occupancy.
      56 Mattox Rd, Lawrenceburg, TN 38464
      View Details
    • $775,000
      15.00 Acres

      Westford Commercial Land: 15 Acres

      Prime 15-acre commercial parcel in Westford, MA.
      28 Ok Rd, Westford, MA 38464
      View Details
    • $249,000
      2,400 SF

      Leoma Mixed-Use Building - Highway 43

      High-traffic location, versatile building, great potential.
      2816 Highway 43, Leoma, TN 38468
      View Details

    Nearby Similar for Sale

    • $2,750,000
      16,920 SF

      Lawrenceburg Multifamily Investment Opportunity

      16-unit multifamily property built in 2017 with full occupancy.
      56 Mattox Rd, Lawrenceburg, TN 38464
      View Details
    • $875,000
      8,750 SF

      Lawrenceburg Industrial Property For Sale

      Industrial property featuring loading platform and three-phase power.
      163 International Dr, Lawrenceburg, TN 38464
      View Details
    • $399,900
      7,360 SF

      Lawrenceburg Mixed-Use Investment

      7,360 sq ft, 0.44 acres, high traffic
      1213 Gaines St, Lawrenceburg, TN 38464
      View Details
    • $129,900
      2,240 SF

      Prime Lawrenceburg Retail Space

      High-traffic location, versatile building, owner financing.
      4109 Pulaski Hwy, Lawrenceburg, TN 38464
      View Details
    • $249,900
      0.31 Acres

      High-Traffic Lawrenceburg Corner Lot

      Prime Commercial Lot, High Visibility, Ready to Build
      610 Locust St, Lawrenceburg, TN 38464
      View Details
    • $110,000
      1.00 Acre

      Prime Lawrenceburg Commercial Land

      1-Acre Lot, Endless Potential
      2Nd St, Lawrenceburg, TN 38464
      View Details
    • $499,900
      6,500 SF

      Prime Lawrenceburg Mixed-Use Property

      Five-Unit Building, High-Yield Investment
      401 Gaines St, Lawrenceburg, TN 38464
      View Details
    • $640,000
      14,000 SF

      Prime Lawrenceburg Commercial Quadplex

      Four buildings, 14,000 sq ft, high ROI
      1409 Buffalo Rd, Lawrenceburg, TN 38464
      View Details
    • $299,000
      1.80 Acres

      Prime Lawrenceburg Commercial Land

      1.8-Acre Lot, High Traffic Area
      Locust Ave, Lawrenceburg, TN 38464
      View Details
    • $350,000
      4,000 SF

      Turnpike Road Mixed-Use Property

      Large Shop & Apartment, Great Location
      519 Tpke Rd, Lawrenceburg, TN 38464
      View Details
    • $399,000
      8.27 Acres

      Prime Lawrenceburg Land Investment

      8.27 Acres, Commercial/Residential Potential
      Prosser Rd, Lawrenceburg, TN 38464
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime C3-zoned lot, high visibility, near major highways.
    Where is this commercial real estate located?
    The property is located at 574 Gaines St Lawrenceburg, TN.
    What is the asking price?
    The asking price for this property is $100,000.
    (615) 302-5152
    Request Owner's contact information
    574 Gaines St Lawrenceburg, TN 38464
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    574 Gaines St
    Lawrenceburg, TN 38464
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    574 Gaines St Lawrenceburg, TN 38464
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jenny Adcox
    (615) 302-5152
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.