0 Tn-22 Lexington, TN 38351
This exceptional 4.3-acre commercial land parcel presents a unique investment opportunity in Lexington, Tennessee. Strategically located on Highway 22 South at the corner of Purdy Street, this property boasts high visibility and traffic counts, making it ideal for a wide range of commercial ventures. Its prime location offers easy access to Interstate 40 via Exit 108, ensuring convenient connectivity for customers and employees. The property is situated in close proximity to schools, shopping centers, and downtown Lexington, providing a strong foundation for business growth. This raw land is ready for development and benefits from the availability of all city utilities, simplifying the construction process. The expansive lot size allows for considerable flexibility in design and development, catering to various commercial needs. With its exceptional location, accessibility, and utility access, this property represents a compelling investment opportunity with endless possibilities for future development. The asking price is $200,000.
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.