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Property profile & analytics
OFF-MARKET
Office buildings

10109 Hwy 64 Lexington, AL 35648-3000

2,000 SF 1.1 ac lot Built 1980
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US03-0922207
Property summary
AI-generated overview

This exceptional 4,000 square foot commercial building, situated on a 1.1-acre lot in the heart of Lexington, Alabama, presents a remarkable investment opportunity. The property has undergone a complete renovation, boasting brand new furniture, lighting, HVAC system, and roof. The main building currently houses the "Blue Agave Restaurant," featuring an attractive dining area, a clean and modern kitchen, and updated restrooms. A significant advantage is the inclusion of a full basement, partially finished and plumbed for a restroom, providing ample storage space. The property's prime location in the town center ensures high visibility and accessibility. The exterior improvements include a large, newly constructed deck. This property is priced significantly below its recent appraisal of $535,000, making it an attractive proposition for both investors seeking a strong return and business owners looking for a turn-key operation. The combination of a recently renovated building, ample space, and a desirable location makes this a truly unique opportunity in the Lexington commercial real estate market. The 1.1-acre lot offers potential for future expansion or development. This is a rare chance to acquire a high-quality commercial property at a substantially discounted price.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Total area 2,000 SF
Lot 1.1 ac (47,916 SF)
Zoning code 1
APN 02-05-15-2-001-012-000
UPID US03-0922207
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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by Request
Owner & transaction history
Sergei Sharapov · 1 yrs held
Sergei Sharapov
since 2025
Last sale
$110,000
3 recorded transactions
2025
$272,281
2020
$110,000
2016
Price N/A
Zoning & alternative use
1 · Lexington, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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