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    103 Oak Pt Dr Dr Lexington, TN 38351

    For Sale
    Contact for pricing

    Prime 71,874 sq ft lot, ideal for commercial or residential development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.65-acre lot, located at Lot 103 Oak Point Drive in Lexington, Tennessee (zip code 38351), presents a unique opportunity for discerning investors. Situated in the desirable Westpointe Subdivision, this property boasts a sizable 71,874 square feet of land. The lot is conveniently located between Lexington and Jackson, offering easy access to both cities. The peaceful setting of a dead-end street provides a tranquil atmosphere, while the surrounding new homes create a desirable neighborhood. Westpointe Subdivision offers the best of both worlds

    Property Features for 103 Oak Pt Dr Dr

    General Information

    Property type
    Land

    HighLights

    • 1.65‑acre lot in Lexington, TN (38351).
    • 71,874 square feet of land.
    • Located in the desirable Westpointe Subdivision.
    • Convenient access to Lexington and Jackson.
    • Peaceful dead‑end street location in a new home neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lexington
    County
    Henderson
    State
    Tennessee
    Longitude
    -88.4436376
    Latitude
    35.6594433

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    FAQs

    What type of property is this?
    Land - Prime 71,874 sq ft lot, ideal for commercial or residential development.
    Where is this land located?
    The property is located at 103 Oak Pt Dr Dr Lexington, TN.
    What is the asking price?
    The asking price for this property is $29,900.
    What are key features of this property?
    This property features: 1.65-acre lot in Lexington, TN (38351).; 71,874 square feet of land.; Located in the desirable Westpointe Subdivision.
    (731) 202-2890
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    103 Oak Pt Dr Dr Lexington, TN 38351
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    Lexington, TN 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
    103 Oak Pt Dr Dr Lexington, TN 38351
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