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    Property profile & analytics

    164 Hospital Dr Lexington, TN 38351

    • Banks
    • 3,848 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Location Intelligence
    Property ID
    US80-1884323
    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

    • FirstBank / Bank

    Property Details for 164 Hospital Dr

    Year built
    1979
    Lot size
    0.67 lot acres
    Property size
    3,848 SF
    Zone code
    B2
    Property type
    Banks
    APN
    039081E A 02000
    APU
    039081EA02000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Henderson
    State
    Tennessee
    Longitude
    -88.3981
    Latitude
    35.6536

    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
    2022
    $4,655
    $80,400
    $83,360
    $163,760
    -
    $201,000
    $208,400
    $409,400

    Comparable in this City

    • Value Estimation
      $130,000
      870 SF

      Eastgate Dr

      FINANCIAL BUILDING • 870 SF
      Eastgate Dr, Lexington, TN 38351
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    • Value Estimation
      $570,000
      11,952 SF

      Main St

      FINANCIAL BUILDING • 11,952 SF
      Main St, Lexington, TN 38351
      View Details
    • Value Estimation
      $435,000
      3,875 SF

      386 Church St

      FINANCIAL BUILDING • 3,875 SF
      386 Church St, Lexington, TN 38351-2020
      View Details
    • Value Estimation
      $590,000
      6,924 SF

      679 Church St

      FINANCIAL BUILDING • 6,924 SF
      679 Church St, Lexington, TN 38351-1711
      View Details
    • Value Estimation
      $365,000
      18,512 SF

      26 Church St

      FINANCIAL BUILDING • 18,512 SF
      26 Church St, Lexington, TN 38351-1814
      View Details
    • Value Estimation
      $455,000
      7,050 SF

      Natchez Trce Dr

      FINANCIAL BUILDING • 7,050 SF
      Natchez Trce Dr, Lexington, TN 38351
      View Details

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    Similar Nearby for Lease

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      Retail space in Lexington with high visibility and foot traffic.
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    164 Hospital Dr
    Lexington, TN 38351
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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