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    1435 New Columbia Hwy Lewisburg, TN 37091

    For Sale
    $1,499,999

    High-traffic location, ready to build.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 4.74-acre commercial property presents a prime development opportunity in Lewisburg, Tennessee. Located on New Columbia Highway, one of the city's busiest thoroughfares, this site boasts over 650 feet of road frontage, ensuring high visibility and accessibility for any commercial venture. The property is exceptionally well-situated, with a new Farm Services Agency building directly adjacent and a new Farm Bureau building currently under construction, indicating a thriving and expanding commercial area. Development is simplified by the presence of all utilities already on-site, making this a truly "shovel-ready" location. Two Tennessee Department of Transportation (TDOT) approved entrances provide convenient access for customers and employees. The expansive acreage and prime location make this property ideal for a variety of commercial developments, including but not limited to a strip mall, convenience store, or other commercial buildings. This is a rare opportunity to acquire a highly visible and easily accessible parcel in a rapidly growing area. The asking price reflects the exceptional value and potential of this development site. Don't miss this chance to secure a prominent position in Lewisburg's commercial landscape.

    Property Features for 1435 New Columbia Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    206,474 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewisburg
    County
    Marshall County, TN
    State
    Tennessee
    Longitude
    -86.80412
    Latitude
    35.47584

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, ready to build.
    Where is this commercial real estate located?
    The property is located at 1435 New Columbia Hwy Lewisburg, TN.
    What is the asking price?
    The asking price for this property is $1,499,999.
    (931) 359-7603
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    1435 New Columbia Hwy Lewisburg, TN 37091
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    Lewisburg, TN 37091
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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
    1435 New Columbia Hwy Lewisburg, TN 37091
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