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    2Nd St Lawrenceburg, TN 38464

    Sponsored
    For Sale
    $110,000

    1-Acre Lot, Endless Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.69-acre lot at 0 Second Street West in Lawrenceburg, Tennessee presents a remarkable investment opportunity. Previously the site of Lawrenceburg's historic mill, this property offers significant potential for a variety of commercial ventures. The expansive lot provides ample space for the construction of a new commercial building, suitable for a range of uses including, but not limited to, a coffee shop, sandwich shop, or fast-food establishment. Alternatively, the property could accommodate a duplex development, catering to a growing residential demand. A pre-existing sign, which can be refurbished, is included in the sale and remains on the property. All essential utilities are conveniently located at the street, simplifying the development process. The property has recently undergone a survey, confirming its size and boundaries. This is a rare chance to acquire a substantial piece of land in a desirable location with a rich history, ready for its next chapter. The asking price is $110,000. Don't miss this chance to capitalize on this prime commercial real estate opportunity in Lawrenceburg, Tennessee. Contact us today to learn more.

    Property Features for 2Nd St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lawrenceburg
    County
    Lawrence County, TN
    State
    Tennessee
    Longitude
    -87.33241
    Latitude
    35.24653

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    FAQs

    What type of property is this?
    Commercial real estate - 1-Acre Lot, Endless Potential
    Where is this commercial real estate located?
    The property is located at 2Nd St Lawrenceburg, TN.
    What is the asking price?
    The asking price for this property is $110,000.
    (931) 762-3399
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    2Nd St 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
    2Nd St Lawrenceburg, TN 38464
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