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Property profile & analytics
OFF-MARKET
Land

00 Fern Creek Dr Lexington, TN 38351

Property ID
Property summary
AI-generated overview

This exceptional 52,707.6 square foot lot presents a unique opportunity for commercial or residential development. Located in the desirable Cardinal Estates neighborhood of Lexington, Tennessee, this property offers a blend of convenience and tranquility. Situated halfway between Nashville and Memphis, it provides easy access to major transportation routes, including the interstate, minimizing commute times. All utilities are readily available at the roadside, simplifying the connection process for future construction. The property is ideal for those seeking to build a custom home in a well-established community or for commercial ventures seeking a strategic location. While the acreage is based on tax records and considered accurate, it's important to note that a formal survey has not been conducted. The address is 00 Fern Creek, Lexington, Henderson County, Tennessee, zip code 38351. This property is priced affordably at $29,900, making it an attractive investment for discerning buyers. Don't miss this chance to acquire this versatile land parcel in a thriving area. Act quickly, as opportunities like this are rare.

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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