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    Locust Ave Lawrenceburg, TN 38464

    For Sale
    $299,000

    1.8-Acre Lot, High Traffic Area

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 1.8-acre commercial lot presents a remarkable investment opportunity in Lawrenceburg, Tennessee. Strategically located adjacent to a Dollar General store, this property boasts unparalleled visibility and accessibility. Its prime location offers easy access to the bypass entrance/exit, ensuring high traffic counts and exposure to a substantial customer base. The area is experiencing significant growth, with a new college, hospital, and schools nearby, further enhancing its appeal. A substantial portion of the Lawrence County population commutes daily from surrounding towns like Leoma, Loretto, and St. Joseph, creating a large potential customer pool. The property is ready for development, with public sewer and all utilities readily available at the street. State entrance approval is already in place, streamlining the development process. Ideal for a variety of commercial ventures, including fast-food restaurants, dine-in establishments, big-box stores, hotels, car washes, or banks, the possibilities are extensive. The asking price is highly competitive, making this an exceptional value in a thriving market. Aerial photos will be available shortly. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing area.

    Property Features for Locust Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    78,408 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lawrenceburg
    County
    Lawrence County, TN
    State
    Tennessee
    Longitude
    -87.33107
    Latitude
    35.23952

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    FAQs

    What type of property is this?
    Commercial real estate - 1.8-Acre Lot, High Traffic Area
    Where is this commercial real estate located?
    The property is located at Locust Ave Lawrenceburg, TN.
    What is the asking price?
    The asking price for this property is $299,000.
    (931) 762-3399
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    Locust Ave 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
    Locust Ave Lawrenceburg, TN 38464
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