Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    78 Mig Dr Lexington, TN 38351-2235

    • Retail space
    • 5,034 SF
    • 8.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-2740509
    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

    • Frances Halbrook Hensley Animal Shelter / Animal Shelter

    Property Details for 78 Mig Dr

    Year built
    2016
    Lot size
    8.50 lot acres
    Property size
    5,034 SF
    Property type
    Retail space
    APN
    039092 01016
    APU
    3909201016

    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
    -88.4123
    Latitude
    35.6299

    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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $25,000
    $415,700
    $440,700

    Comparable in this City

    • Value Estimation by Request
      800 SF

      Natchez Trce Rd

      RETAIL STORES (PERSONAL SERVICES) • 800 SF
      Natchez Trce Rd, Lexington, TN 38351
      View Details
    • Value Estimation by Request
      960 SF

      Main St

      RETAIL STORES (PERSONAL SERVICES) • 960 SF
      Main St, Lexington, TN 38351
      View Details
    • Value Estimation by Request
      1,524 SF

      83 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,524 SF
      83 Main St, Lexington, TN 38351-2109
      View Details
    • Value Estimation by Request
      5,498 SF

      325 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,498 SF
      325 Main St, Lexington, TN 38351-2443
      View Details
    • Value Estimation by Request
      3,638 SF

      901 Church St

      RETAIL STORES (PERSONAL SERVICES) • 3,638 SF
      901 Church St, Lexington, TN 38351-1928
      View Details
    • Value Estimation by Request
      11,176 SF

      Natchez Trce Dr

      RETAIL STORES (PERSONAL SERVICES) • 11,176 SF
      Natchez Trce Dr, Lexington, TN 38351
      View Details

    Similar Nearby for Sale

    • $700,000
      1,248 SF

      Lexington Retail/Office on 5 Acres

      Remodeled retail/office space on 5 acres near Lexington bypass.
      862 South Broad St, Lexington, TN 38351
      View Details
    • $699,000
      1,248 SF

      Retail Building in High-Traffic Location

      1,248 SF building with prime retail potential for sale.
      Broad St S, Lexington, TN 38351
      View Details
    • $1,200,000
      14,000 SF

      Condo Complex on Money Mile

      14-unit condo complex with retail and office space for sale.
      777 W Church St, Lexington, TN 38351
      View Details
    • $137,720
      Pending

      Former Restaurant and Market on Highway

      Property on 1.5 acres with potential for various business ventures.
      15676 412 Hwy, Lexington, TN 38351
      View Details
    • $275,000
      2,496 SF

      Lexington Restaurant & Bar for Sale

      Turnkey Restaurant/Bar on 1.5 Acres
      15676 412 Hwy, Lexington, TN 38351
      View Details
    • $88,500

      Lexington Commercial Land Opportunity

      High-traffic acre lot, prime retail location.
      000 Hwy 412 Hwy, Lexington, TN 38351
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,940 SF

      Retail Space in High-Traffic Area

      Retail space in Lexington with high visibility and foot traffic.
      541 W Church St, Lexington, TN 38351
      View Details
    • $8 SF/Yr
      141,960 SF

      Beech Lake Commons Retail Space

      High-traffic retail center; spaces available.
      676 Church St, Lexington, TN 38351
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    78 Mig Dr
    Lexington, TN 38351-2235
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.