000 Highway 412 Lexington, TN 38351
This exceptional 84,942 square foot land parcel presents a unique investment opportunity in Lexington, Tennessee. Located on Highway 412, this property offers remarkable versatility, suitable for both commercial and residential development, or a strategic blend of both uses. Its expansive size allows for a variety of project visions, from single-family homes to commercial ventures. The property's prime location provides convenient access to the amenities and services of Lexington, situated approximately 10 miles from the city center, and enjoys similar proximity to Jackson, Tennessee. The zoning regulations and potential development restrictions should be independently verified by prospective buyers to ensure alignment with their intended use. This is a blank canvas for a developer seeking a substantial land holding in a growing area. The asking price for this significant parcel is $120,000. Detailed site surveys and environmental assessments are recommended before any development plans are finalized. Serious inquiries are encouraged to explore the full potential of this remarkable property and its strategic location within Henderson County. The address is 000 W Hwy 412, Lexington, TN 38351. This is a rare opportunity to acquire a large tract of land with significant development potential in a desirable 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
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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.