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    401 Gaines St Lawrenceburg, TN 38464-3110
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    Property profile & analytics

    401 Gaines St Lawrenceburg, TN 38464-3110


    • Commercial land
    • 3,608 SF
    • 0.25 lot acres
    Off-Market
    Last Sale Jun 8, 2023
    $420,000
    Property ID
    US80-3531375
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ricky B's Fast Cash / Accounting Firm / Tax Preparation

    Property Details for 401 Gaines St

    Year built
    1979
    Lot size
    0.25 lot acres
    Property size
    3,608 SF
    Property type
    Commercial land
    APN
    050089B A 00200
    APU
    050089BA00200

    Description

    This exceptional mixed-use property, located at 401 W Gaines St in Lawrenceburg, Tennessee, presents a lucrative investment opportunity. The 6,500 square foot building comprises five separately rented units, all currently occupied with month-to-month tenants eager to remain. The property boasts a recently installed HVAC system and a newly paved parking lot, enhancing both tenant comfort and curb appeal. The building sits on approximately 0.64 acres of land, with a portion of the parking area designated as common space. Importantly, all five units have been consistently occupied since the beginning, and rents have remained stable for the past three years, currently generating a collective monthly income of $4,500. Note that one tenant operates a food truck on the premises. Prospective buyers should be aware that access to the building and interaction with tenants require prior qualification and the presence of the property owner's representative to avoid disturbing the occupants. The property's location in Lawrenceburg offers excellent visibility and accessibility. Please note that the lot size is approximate. Offers submitted should not have expiration dates falling between 5 PM on Friday and noon on Monday. This is a turnkey investment ready for immediate income generation.


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    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceburg
    County
    Lawrence
    State
    Tennessee
    Longitude
    -87.3407
    Latitude
    35.2435
    CBSA code
    29980
    CBSA name
    LAWRENCEBURG, TN MICROPOLITAN 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
    $476
    $15,320
    $0.00
    $15,320
    -
    $38,300
    $0.00
    $38,300
    More about this property
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