00 Broad St Lexington, TN 38351
This exceptional 82,328.4 square foot commercial property in Lexington, Tennessee, presents a unique investment opportunity. Situated on a highly visible corner lot at 00 S Broad Street, this almost two-acre parcel boasts impressive road frontage of 229 feet and 534 feet, ensuring maximum exposure for any business. The property's zoning allows for diverse uses, making it ideal for a variety of commercial ventures, including multifamily residential development, industrial operations, or a combination thereof. Its strategic location offers easy access to shopping, schools, and the downtown area of Lexington, providing convenience and attracting a wide customer base. All city utilities are readily available, simplifying development and operational costs. The asking price for this versatile property is $199,500. This prime location and flexible zoning make this a rare opportunity to acquire a significant commercial property in a thriving Tennessee community. The property is classified as Land, Industrial, Multifamily, and Office, and is further subtyped as Commercial, Warehouse, Apartment Building, and Duplex/Triplex/Quadruplex. This versatile property is ready for your vision.
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.