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    31 Stonehedge Dr Lexington, TN 38351

    Sponsored
    For Sale
    Contact for pricing

    Large Corner Lot, Ready to Build

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 82,328.4 square foot residential lot presents a remarkable opportunity in Lexington, Tennessee. Located at LOT 31 STONE HEDGE Drive, this property boasts a prime corner location within the desirable city limits, offering convenient access to local amenities and services. The expansive lot size provides ample space for a substantial custom home, allowing for creative design and landscaping possibilities. A significant advantage is the readily available utilities situated at the roadside, simplifying the construction process and minimizing upfront costs. The property is zoned for residential use, making it ideal for building a primary residence or a potential investment property. With its generous size and convenient location, this lot represents an excellent investment for those seeking to build their dream home in a thriving Tennessee community. The address is LOT 31 STONE HEDGE Drive, Lexington, TN 38351, situated in Henderson County. The asking price for this exceptional property is $26,000. Don't miss this chance to acquire a substantial building lot in a desirable location. All utilities are conveniently located at the street, ready for connection.

    Property Features for 31 Stonehedge Dr

    General Information

    Property type
    Land

    HighLights

    • 82,328.4 sq ft residential lot in Lexington, TN.
    • Prime corner lot in desirable city limits with convenient access to amenities.
    • Ample space for a substantial custom home.
    • Utilities readily available at the roadside.
    • Zoned for residential use.
    • Asking price: $26,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop Accounting Firm Department Store Food Market Grocery Store Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Henderson
    State
    Tennessee
    Longitude
    -88.387104
    Latitude
    35.7037135

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    FAQs

    What type of property is this?
    Land - Large Corner Lot, Ready to Build
    Where is this land located?
    The property is located at 31 Stonehedge Dr Lexington, TN.
    What is the asking price?
    The asking price for this property is $26,000.
    What are key features of this property?
    This property features: 82,328.4 sq ft residential lot in Lexington, TN.; Prime corner lot in desirable city limits with convenient access to amenities.; Ample space for a substantial custom home.
    (877) 375-6589
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    31 Stonehedge Dr 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
    31 Stonehedge Dr Lexington, TN 38351
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