00 Red Bird Dr Lexington, TN 38351
This exceptional 0-square-foot lot, located at 00 Red Bird in Lexington, Tennessee, presents a unique opportunity for building a dream home. Situated in the well-established Cardinal Estates neighborhood, this property offers a peaceful setting while enjoying convenient access to essential amenities and major transportation routes. The lot is conveniently located halfway between Nashville and Memphis, providing easy access to both cities. All utilities are available at the roadside, ready for connection, simplifying the construction process. While the exact acreage hasn't been surveyed, the listed amount is considered accurate based on tax records. This is an ideal location for those seeking a blend of tranquility and accessibility. The property is zoned for both commercial and residential use, offering flexibility for future development. Buyers are encouraged to conduct their own due diligence regarding the exact lot size and zoning regulations. Don't miss this chance to build your dream home in a desirable Tennessee community. The asking price for this property is $29,900.
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.