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    87 Derek Dr Dr Lexington, TN 38351

    Sponsored
    For Sale
    Contact for pricing

    Prime Lexington lot, 14,810 sq ft, buildable.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 14,810.4 square foot residential lot, located at Lot 87 Derek Dr Drive in Lexington, Tennessee, presents a unique opportunity for building your dream home. Situated in Henderson County, zip code 38351, this property offers ample space for a substantial residence. The lot's address is clearly identified as Lot 87 Derek Dr Drive, providing easy access and convenient location within the Lexington community. The asking price for this prime piece of land is $24,895. This represents a compelling investment in a desirable area. The property is categorized as residential land, suitable for the construction of a single-family home. Buyers have the option to purchase this lot individually, or explore the possibility of acquiring adjacent lots for a larger development project. The latitude and longitude coordinates are 35.6635168 and -88.3749122 respectively, allowing for precise location identification and mapping. Don't miss this chance to secure a fantastic building site in the heart of Lexington. Act quickly, as opportunities like this are rare.

    Property Features for 87 Derek Dr Dr

    General Information

    Property type
    Land

    HighLights

    • $24,895 asking price for this residential land parcel.
    • 14,810.4 square foot lot.
    • Located at Lot 87 Derek Dr Drive, Lexington, TN 38351.
    • Buildable residential lot in Lexington, Tennessee.
    • Located in Henderson County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lexington
    County
    Henderson
    State
    Tennessee
    Longitude
    -88.3749122
    Latitude
    35.6635168

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    FAQs

    What type of property is this?
    Land - Prime Lexington lot, 14,810 sq ft, buildable.
    Where is this land located?
    The property is located at 87 Derek Dr Dr Lexington, TN.
    What is the asking price?
    The asking price for this property is $24,895.
    What are key features of this property?
    This property features: $24,895 asking price for this residential land parcel.; 14,810.4 square foot lot.; Located at Lot 87 Derek Dr Drive, Lexington, TN 38351.
    Request Owner's contact information
    87 Derek 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
    87 Derek Dr Dr Lexington, TN 38351
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