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Property profile & analytics

10109 Hwy 64 Lexington, AL 35648-3000

  • Office buildings
  • 2,000 SF
  • 1.10 lot acres
OFF-MARKET
Last Sale
Apr 09, 2025
$110,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US03-0922207
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 10109 Hwy 64

Year built
1980
Lot size
1.10 lot acres
Property size
2,000 SF
Zone code
1
Property type
Office buildings
APN
02-05-15-2-001-012-000
APU
205152001012000

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Lexington
County
Lauderdale
State
Alabama
Longitude
-87.3705
Latitude
34.9723
CBSA code
22520
CBSA name
FLORENCE-MUSCLE SHOALS, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,314
$4,400
$0.00
$4,400
-
$22,000
$135,980
$157,980
More about this property
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