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    610 Locust St Lawrenceburg, TN 38464

    For Sale
    $249,900

    Prime Commercial Lot, High Visibility, Ready to Build

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property at 610 North Locust Street in Lawrenceburg, Tennessee presents a unique investment opportunity. Spanning 0.31 acres, this lot boasts an impressive 100 feet of road frontage and a depth of 138 feet, providing ample space for a variety of commercial developments. Its strategic corner location ensures maximum visibility and accessibility, with a high daily traffic count of approximately 20,000 vehicles passing by. Previously utilized as a six-station food truck court, the property offers a proven track record of commercial viability. The seller is committed to preparing the site for immediate development by removing all existing power boxes at their expense, leaving the lot cleared and ready for construction. This turnkey solution eliminates significant pre-development hurdles, allowing for a swift and efficient transition to your chosen project. The property's location in Lawrenceburg, Tennessee, offers access to a thriving local market and presents significant potential for future growth and return on investment. This is an exceptional opportunity to acquire a high-traffic, well-positioned commercial lot in a desirable location. Don't miss out on this chance to secure a prime piece of Lawrenceburg real estate. The asking price is $249,900.

    Property Features for 610 Locust St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    13,504 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lawrenceburg
    County
    Lawrence County, TN
    State
    Tennessee
    Longitude
    -87.32794
    Latitude
    35.24548

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Lot, High Visibility, Ready to Build
    Where is this commercial real estate located?
    The property is located at 610 Locust St Lawrenceburg, TN.
    What is the asking price?
    The asking price for this property is $249,900.
    (931) 580-4669
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    610 Locust St Lawrenceburg, TN 38464
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    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
    610 Locust St Lawrenceburg, TN 38464
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