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    15676 412 Hwy Lexington, TN 38351

    For Sale
    $275,000

    1.15-Acre Lot, 2,496 sq ft

    Property size:
    2,496 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional commercial property, located at 15676 412 Highway in Lexington, Tennessee, presents a unique investment opportunity. Boasting a generous 2,496 square feet of space, this property sits on a sizable 1.15-acre lot, offering ample room for expansion, outdoor storage, or additional development. The building's versatile "Other" classification allows for a wide range of potential uses, making it ideal for entrepreneurs and businesses seeking a flexible space to suit their specific needs. The property's strategic location on Highway 412 ensures high visibility and easy access for customers and employees. The asking price of $275,000 represents a compelling value for a property of this size and location in the thriving Lexington market. This is an excellent chance to acquire a substantial commercial property with significant potential for growth and return on investment. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Its substantial lot size provides considerable flexibility for future development or expansion, catering to evolving business requirements. Serious inquiries are encouraged to explore the possibilities this property offers. Don't miss this chance to secure a prime commercial location in Lexington, Tennessee.

    Property Features for 15676 412 Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,496 SF
    Lot Size
    50,094 SF

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lexington
    County
    Henderson
    State
    Tennessee
    Longitude
    -88.3489
    Latitude
    35.63644

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    FAQs

    What type of property is this?
    Commercial real estate - 1.15-Acre Lot, 2,496 sq ft
    Where is this commercial real estate located?
    The property is located at 15676 412 Hwy Lexington, TN.
    What is the asking price?
    The asking price for this property is $275,000.
    (731) 967-7412
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    Lexington, TN 38351
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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
    15676 412 Hwy Lexington, TN 38351
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