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Property profile & analytics
OFF-MARKET
Land

000 Highway 22 Lexington, TN 38351

Property ID
Property summary
AI-generated overview

This exceptional 187,308 square foot commercial land parcel is strategically located at the corner of Highway 22 South and Purdy Street in Lexington, Tennessee. Situated in a high-traffic area, this property offers endless development possibilities. Its convenient location provides close proximity to schools, shopping centers, and Lexington's downtown area. The site boasts easy access from Interstate 40 via Exit 108, with a four-lane state route leading directly to the property. All city utilities are readily available, making this raw land an ideal canvas for a variety of commercial ventures. The asking price for this prime commercial land is $200,000. The property's size and location make it a highly attractive investment opportunity for developers and entrepreneurs seeking a strategic foothold in a thriving Tennessee community. This is a rare chance to acquire a significant commercial land holding in a rapidly growing area. Don't miss this opportunity to secure a piece of Lexington's vibrant commercial landscape. The zip code is 38351, and the property is in Henderson County.

Property profile
Verified
Property type Land
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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