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Manufacturing Facility with Crane Systems
For Sale
$2,700,000

228 Rush Street, Lexington, TN 38351

Production areas include interior rail, truck loading facilities, and a separate training building.

Property Size44,800 SF
Lot Size21.92 Acres
Price / SF$60.27
Days on Market10

Property Features for 228 Rush Street

General Information

Standard status Active
Size 44,800 SF
Lot size 21.92 Acres

Additional Details

Road Access Yes
Property Use Industrial

Taxes and HOA fees

Annual Taxes $12,929
Listing Agency: Real Estate One U.S.A.
Listed By: Brian K Williams · License #254302
Source: Exprealty
Added: Oct 27 Changed: Nov 4 Last Checked: Nov 4 at 3:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate One U.S.A.

Rey
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Investment Insights

Based on property information with market context.

The manufacturing property includes 44,800 square feet of building area on 21.92 acres. Interior and exterior crane systems and an interior rail system are in place for moving heavy steel through production. Truck access includes a bay and dock doors. A separate building provides training space, with additional area identified for expansion.

The property fronts Rush Street in Lexington, Tennessee, with over 2,314 feet of road frontage. It is located across the street from an auto supplier and near other manufacturers. Rural Opportunity Tax Credits and TVA incentives are identified as applicable to the property.

Key Highlights

  • 44,800 square feet of building area on 21.92 acres
  • Interior and exterior crane systems, plus an interior rail system for moving steel
  • Truck bay and truck dock doors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

MIG Steel Fabrication Factory

Suggested Use

Top Pick Auto Parts Store Garden Center Furniture & Home Goods Building Supply Carpet & Flooring Store Auto Repair Shop

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

44
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
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - Production areas include interior rail, truck loading facilities, and a separate training building.
Where is this manufacturing property located?
The property is located at 228 Rush Street Lexington, TN.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 44,800 square feet of building area on 21.92 acres; Interior and exterior crane systems, plus an interior rail system for moving steel; Truck bay and truck dock doors
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