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    Highway 52 Lafayette, TN 37083

    For Sale
    $249,900

    High-potential lot near schools

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 1.27-acre commercial lot presents a unique investment opportunity in Lafayette, Tennessee. Strategically positioned between Lafayette and Red Boiling Springs, this property enjoys excellent visibility and accessibility. Its immediate proximity to the junior high and high schools offers significant potential for businesses catering to students, families, and the local community. The lot's size provides ample space for a variety of commercial developments, allowing for flexibility in design and functionality. The availability of city sewer and water services simplifies the development process, reducing upfront infrastructure costs and expediting project timelines. This prime location, coupled with essential utilities, makes this property an attractive proposition for entrepreneurs and investors seeking a high-growth area with strong community ties. The absence of existing structures allows for complete customization, enabling the creation of a development perfectly tailored to specific business needs. This is a rare chance to acquire a substantial commercial lot in a thriving area with significant potential for future appreciation. Don't miss this opportunity to secure a piece of Lafayette's promising commercial landscape. Serious inquiries are encouraged.

    Property Features for Highway 52

    General Information

    Property type
    Other commercial real estate
    Lot Size
    55,321 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lafayette
    County
    Macon County, TN
    State
    Tennessee
    Longitude
    -85.99328
    Latitude
    36.49714

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    FAQs

    What type of property is this?
    Commercial real estate - High-potential lot near schools
    Where is this commercial real estate located?
    The property is located at Highway 52 Lafayette, TN.
    What is the asking price?
    The asking price for this property is $249,900.
    (615) 666-2783
    Request Owner's contact information
    Highway 52 Lafayette, TN 37083
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    Lafayette, TN 37083
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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
    Highway 52 Lafayette, TN 37083
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