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Property profile & analytics
FOR SALE
Commercial land

1435 New Columbia Hwy Lewisburg, TN 37091

4.74 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US80-2787041
Property summary
AI-generated overview

This exceptional 4.74-acre commercial property presents a prime development opportunity in Lewisburg, Tennessee. Located on New Columbia Highway, one of the city's busiest thoroughfares, this site boasts over 650 feet of road frontage, ensuring high visibility and accessibility for any commercial venture. The property is exceptionally well-situated, with a new Farm Services Agency building directly adjacent and a new Farm Bureau building currently under construction, indicating a thriving and expanding commercial area. Development is simplified by the presence of all utilities already on-site, making this a truly "shovel-ready" location. Two Tennessee Department of Transportation (TDOT) approved entrances provide convenient access for customers and employees. The expansive acreage and prime location make this property ideal for a variety of commercial developments, including but not limited to a strip mall, convenience store, or other commercial buildings. This is a rare opportunity to acquire a highly visible and easily accessible parcel in a rapidly growing area. The asking price reflects the exceptional value and potential of this development site. Don't miss this chance to secure a prominent position in Lewisburg's commercial landscape.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4.74 ac (206,474 SF)
APN 059056 02402
UPID US80-2787041
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Pi Commercial LLC · 3 yrs held
Pi Commercial LLC
since 2023
Last sale
$214,210
2 recorded transactions
2023
Price N/A
2020
$214,210
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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