Property profile

669 Natchez Trce Dr Lexington, TN 38351

OFF-MARKET
Warehouses
Property ID
US80-0234899
519,465 SF 30.65 ac lot Built 1965
Individually Owned 8-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 519,465 SF
Lot 30.65 ac (1,335,114 SF)
Zoning code M1
APN 039082C A 02000
UPID US80-0234899

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Community College

Location

669 Natchez Trce Dr Lexington, TN 38351-4125
Lexington metro Census 975301
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$28.81M
Blend (final) Blend
$540k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2017
$3.2M

Zoning & alternative use

M1 · Lexington, TN
Top alternative use upside
Retail stores $47.0M +63.0%
Auto repair, garage $44.6M +54.6%
Restaurant $34.1M +18.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 669 Natchez Trce Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message