00 Fern Crk Lot 49 Dr Lexington, TN 38351
This exceptional 58,370.4 square foot lot presents a unique opportunity for commercial or residential development in the desirable Cardinal Estates neighborhood of Lexington, Tennessee. Conveniently located halfway between Nashville and Memphis, this property offers unparalleled access to major transportation routes, with the interstate just minutes away. All utilities are readily available at the roadside, simplifying the connection process for future construction. The lot is ideally situated for those seeking a blend of suburban tranquility and convenient access to urban amenities. While the acreage hasn't undergone a formal survey, the listed square footage is considered accurate and derived from tax records. This makes it an attractive proposition for developers or individuals looking to build a custom home or commercial venture in a well-established community. The property is listed at $29,900 and presents a compelling investment opportunity given its size, location, and utility access. Buyers are encouraged to conduct their own due diligence. This is a rare chance to acquire a substantial parcel of land in a thriving area with excellent potential for growth. Don't miss out on this exceptional opportunity to build your vision in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.