00 Fern Creek Dr Lexington, TN 38351
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.
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
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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.