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B2-Zoned Commercial Land
For Sale
$150,000

123 Broad Street, Lexington, TN 38351

LOTS/LAND, Lexington, TN

Property SizeContact for details
Lot Size0.49 Acres
Days on Market1084

Property Features for 123 Broad Street

General Information

Property type Commercial Sale
Property subtype Other
Lot features Level lot, In City Limits
Directions From Dresden take Hwy 22 to Lexington. Go thru first red light in Lexington, property will be on the left.
Subdivision 016 ALL OTHER AREAS
Standard status Active
Lot size 0.49 Acres
Listing Agency: LARRY JOLLEY REALTY
Listed By: LARRY JOLLEY · License #239427
Added: Oct 20, 2023 Changed: Sep 3 Last Checked: Oct 7 at 9:06AM
MLS# 44443

Copyright © 2026 Reelfoot Regional Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.49-acre commercial land parcel is located in Lexington, Tennessee, and carries B2 zoning. The property is offered for sale as a commercial lot, providing a defined land-use designation for prospective development planning.

The parcel is situated at 123 Broad Street in Lexington, within the area identified as the heart of the community. Its location and commercial zoning are the primary documented characteristics of the offering.

Key Highlights

  • 0.49‑acre commercial land parcel
  • B2 zoning
  • 123 Broad Street address in Lexington, TN 38351

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Grocery & Convenience Store Bakery Storage Facility Barber Shop Computer & Electronic Repair Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

526
Businesses Nearby

Demographics for 38351, TN

17,838
Population
7,909
Households
2.3
Avg Household Size
42
Median Age
14%
College-Educated
90%
High-School Grad
208.0 sq mi
ZIP Area
86
Density / Sq Mi
$53,573
Median Household Income
$37,256
Median Earnings
$809
Median Rent
$159,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial lot positioned in Lexington with B2 zoning and a location described as being in the heart of the community.
Where is this commercial land located?
The property is located at 123 Broad Street Lexington, TN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 0.49‑acre commercial land parcel; B2 zoning; 123 Broad Street address in Lexington, TN 38351
More about this property
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