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Property profile & analytics
OFF-MARKET
Warehouses

00 Broad St Lexington, TN 38351

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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