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    120 Freeman Dr Lewisburg, TN 37091

    Sponsored
    For Sale
    $495,000

    Versatile Office Space, 5,274 sq ft, 0.5 acre lot

    Property size:
    5,274 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This 5,274 square foot office building in Lewisburg, Tennessee, presents a unique investment opportunity. Situated on a half-acre lot, its previous use as a rehabilitation center offers adaptable floor plans. The building boasts five handicap-accessible bathrooms, seven showers, ten toilets, nine sinks, and three urinals. This layout is easily convertible to various uses, including a women's dormitory, given its existing infrastructure. A significant portion of the building's space is open and adaptable to the buyer's needs. The property also includes dedicated office space, ideal for a business with 15-20 employees, easily configured with modular furniture. Its location minutes from I-65 provides convenient access to both Nashville and Huntsville markets. The seller is open to offering a remodel allowance for qualified buyers with innovative repurposing plans. The building is state-approved for housing up to 24 residents, adding further flexibility. Immediate occupancy is available, with ample parking. This property offers a compelling opportunity for a swift return on investment. Schedule a showing today to secure this versatile commercial space.

    Property Features for 120 Freeman Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    5,274 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    2000
    Property Profile Location Intelligence

    Current Use by Public Records

    Magnolia Academy School StepStone Family & Youth ... Foster Care Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Nail Salon Clothing Store Gym & Fitness Pharmacy Skin Care Clinic Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lewisburg
    County
    Marshall County, TN
    State
    Tennessee
    Longitude
    -86.82257
    Latitude
    35.45379

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    FAQs

    What type of property is this?
    Office Property / Space - Versatile Office Space, 5,274 sq ft, 0.5 acre lot
    Where is this office property / space located?
    The property is located at 120 Freeman Dr Lewisburg, TN.
    What is the asking price?
    The asking price for this property is $495,000.
    (931) 540-8400
    Request Owner's contact information
    120 Freeman Dr 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
    120 Freeman Dr Lewisburg, TN 37091
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