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    Ellington Pkwy Lewisburg, TN 37091

    Sponsored
    For Sale
    $899,000

    High-traffic 5.48-acre lot, C-2 & Light Industrial zoning.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 5.48-acre commercial development tract presents a unique opportunity in Lewisburg, TN. Boasting 105 feet of frontage on the highly trafficked N. Ellington Pkwy, this property offers excellent visibility and accessibility for a wide range of commercial ventures. The strategic location provides significant advantages for businesses seeking high exposure to potential customers. The property's zoning is thoughtfully divided: the front portion is designated C-2 Commercial, ideal for retail, restaurants, or office spaces

    Property Features for Ellington Pkwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    238,709 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lewisburg
    County
    Marshall County, TN
    State
    Tennessee
    Longitude
    -86.77492
    Latitude
    35.44632

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic 5.48-acre lot, C-2 & Light Industrial zoning.
    Where is this commercial real estate located?
    The property is located at Ellington Pkwy Lewisburg, TN.
    What is the asking price?
    The asking price for this property is $899,000.
    (931) 359-7603
    Request Owner's contact information
    Ellington Pkwy 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
    Ellington Pkwy Lewisburg, TN 37091
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