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Manufacturing Facility with Crane System
New
For Sale
$2,700,000

228 Rush Street, Lexington, TN 38351

Commercial Sale, Lexington, TN

Property Size44,800 SF
Lot Size21.92 Acres
Price / SF$60.27
Days on Market2

Property Features for 228 Rush Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial Industrial / Light Manufacturing
Parking 125
Security features Security System
Accessibility Accessible Approach with Ramp
Elementary school district Lexington School District
Directions Starting from 412 & 22, take 22 South to Rush St. Turn Right and go to 228 Rush St.
Standard status Active
APN 092 010.10
Size 44,800 SF
Lot size 21.92 Acres

Additional Details

Property Use Industrial

Taxes and HOA fees

Tax Annual Amount 12929

Utilities

Utilities Cable Available
Heating system Natural Gas, Central
Cooling system Ceiling Fan(s), Whole House Fan, Central Air, Multi Units
Water source Public

Building Details

Year built 1975
Floors in Building 1
Building materials Block, Metal Siding, Steel Frame
Roof type Metal
Listing Agency: Real Estate One U.S.A.
Listed By: Brian K Williams · License #254302
Added: Oct 27 Last Checked: Oct 28 at 2:06PM
MLS# 2605027

Copyright © 2026 Central West Tennessee 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.

Rey
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Investment Insights

Based on property information with market context.

The 44,800-square-foot manufacturing property occupies 21.92 acres and is configured for light- to heavy-industrial production. Indoor and outdoor cranes and an interior rail system facilitate movement of heavy steel through the production area. Truck access includes a bay and loading docks. The site also has a separate training building and space for expansion, with 2,314 feet of road frontage.

Located across the street from an auto supplier and near other manufacturers, the property is at 228 Rush Street in Lexington, Tennessee. The building was constructed in 1975 with block, metal siding, and a steel frame. It has a metal roof, central natural gas heating, and central air conditioning. Public water is available, along with cable service. The property qualifies for Rural Opportunity Tax Credits and TVA incentives.

Key Highlights

  • 44,800 square feet of manufacturing space on 21.92 acres
  • Indoor and outdoor cranes, plus an interior rail system for moving heavy steel
  • Truck bay and truck docks

Property Analytics

Who owns this building? See the owner, sales and loan history
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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
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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 - Indoor and outdoor cranes, an interior rail system, and truck loading areas support heavy-material production.
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 manufacturing space on 21.92 acres; Indoor and outdoor cranes, plus an interior rail system for moving heavy steel; Truck bay and truck docks
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