175 Main St St Lexington, TN 38351
This exceptional 115,434 square foot commercial property, located at 175 N Main St, Lexington, TN 38351, presents a remarkable investment opportunity. Situated in Henderson County, this 2.65-acre lot offers significant potential for diverse development. The property's zoning allows for multi-family residential, apartment complexes, or retail establishments, catering to a wide range of investment strategies. Its prime location within walking distance of Lexington's essential amenities, including a hospital, doctor's offices, pharmacies, banks, and a supermarket, ensures high visibility and accessibility. This strategic positioning makes it an ideal location for attracting tenants and maximizing rental income. The asking price for this expansive lot is $250,000. The property's size and versatility make it an attractive prospect for developers and investors seeking a high-return investment in a thriving Tennessee community. Don't miss this chance to acquire a substantial piece of Lexington's commercial real estate market. Contact us today to schedule a viewing and explore the possibilities.
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.