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    000 Hwy 412 Hwy Lexington, TN 38351

    Sponsored
    For Sale
    $88,500

    High-traffic acre lot, prime retail location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land parcel, located at 000 E Hwy 412 Highway E in Lexington, Tennessee, presents a unique investment opportunity. Boasting a substantial 43,560 square feet (over an acre) and an impressive 246 feet of road frontage on Highway 412, this property enjoys high visibility and accessibility. Its strategic location directly in front of Lexington's bowling alley ensures consistent traffic flow and excellent exposure for any commercial venture. The property is zoned for commercial use, making it ideal for a variety of businesses. The expansive lot size offers ample space for development, allowing for flexibility in design and construction. With its prime location, significant road frontage, and substantial acreage, this property represents a rare chance to establish a thriving business in a vibrant community. The asking price is $88,500. This is a turnkey opportunity for entrepreneurs seeking a high-impact commercial location in Henderson County, Tennessee, zip code 38351. The property's coordinates are 35.6494242 latitude and -88.3919702 longitude.

    Property Features for 000 Hwy 412 Hwy

    General Information

    Property type
    Retail properties

    HighLights

    • $88,500 asking price.
    • 43,560 square foot commercial land parcel.
    • Located in Lexington, Tennessee, at 000 E Hwy 412 Highway E, zip code 38351.
    • High‑visibility location directly across from Lexington's bowling alley.
    • Features 246 feet of road frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lexington
    County
    Henderson
    State
    Tennessee
    Longitude
    -88.3919702
    Latitude
    35.6494242

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    FAQs

    What type of property is this?
    Retail property - High-traffic acre lot, prime retail location.
    Where is this retail property located?
    The property is located at 000 Hwy 412 Hwy Lexington, TN.
    What is the asking price?
    The asking price for this property is $88,500.
    What are key features of this property?
    This property features: $88,500 asking price.; 43,560 square foot commercial land parcel.; Located in Lexington, Tennessee, at 000 E Hwy 412 Highway E, zip code 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
    000 Hwy 412 Hwy Lexington, TN 38351
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