000 Highway 22 Lexington, TN 38351
This exceptional 65,340 square foot commercial land parcel presents a remarkable investment opportunity in Lexington, Tennessee. Situated on Highway 22 North, this property boasts 214 feet of road frontage, providing excellent visibility and accessibility. Its strategic location offers convenient access to Interstate 40 (Exit 108), the local industrial park, the scenic Natchez Trace State Park, and the vibrant downtown Lexington area. The property is classified as Land, Multifamily, Office, and Retail, offering diverse development possibilities. With no restrictions on the property, developers have considerable freedom in their project vision. The asking price for this expansive lot is $125,000. This prime location and the absence of restrictions make this a highly attractive opportunity for investors seeking to capitalize on the growth potential of Lexington, Tennessee. The property's size and highway visibility make it ideal for a variety of commercial ventures. Consider the possibilities for retail, office space, or multifamily development. This is a rare chance to acquire a significant piece of land in a thriving Tennessee community.
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.