862 Broad St Lexington, TN 38351
Property Lookup
Property profile & analytics
862 Broad St Lexington, TN 38351
- Retail space
- 1,248 SF
- 5.13 lot acres
Property ID
US80-2623063
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.
Location Intelligence
Current Use by Public Records
- Green Thumb Nursery & Florist / (Bike/Boat/Book/etc) Store / Florist
Property Details for 862 Broad St
- Year built
- 1984
- Lot size
- 5.13 lot acres
- Property size
- 1,248 SF
- Zone code
- B2
- Property type
- Retail space
- APN
- 039092 04300
- APU
- 3909204300
Description
This exceptional retail property, located at 862 South Broad Street in Lexington, Tennessee, presents a unique investment opportunity. The building boasts 1,248 square feet of versatile commercial space, ideal for a variety of retail businesses. Its prime location on South Broad Street ensures high visibility and accessibility, benefiting from significant daily traffic flow. The property sits on a generous 5.13-acre lot, offering ample space for expansion, additional parking, or outdoor displays. The asking price is $750,000, representing a compelling value for a property of this size and location in a growing market. The building's existing structure provides a solid foundation for immediate occupancy, allowing for a quick start to operations. The substantial lot size offers significant potential for future development or expansion, catering to the needs of a growing business. This property is well-suited for entrepreneurs seeking a prominent location to establish or expand their retail presence. Its strategic positioning and generous land area make it an attractive investment opportunity with considerable long-term potential. The combination of a desirable location, ample space, and competitive pricing makes this property a truly exceptional offering in the Lexington, Tennessee market. Serious inquiries are encouraged to explore this promising investment opportunity further.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Henderson
- State
- Tennessee
- Longitude
- -88.4067
- Latitude
- 35.6259
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
$1,033
$18,480
$15,440
$33,920
-
$46,200
$38,600
$84,800
