Lexington TN Commercial for Sale

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Type:
Retail
Sq.Ft.:
1,248
Status:
Active
Beds:
n/a
Lot size:
5.13 Acres
Year built:
1984
Baths:
MLS#:
2605894

ADDITIONAL INFORMATION

Prime Commercial Property. 5 Acres. Located just south of Lexington close to the new bypass. Retail office space newly remodeled. Can be sold as a working business or could be modified to fit your business needs. Location is between Memphis at Nashville just off I-40 at Exit 108. Property is located on 4-lane state highway.

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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Lexington Real Estate

The median home value in Lexington, TN is $240,000. This is higher than the county median home value of $158,900. The national median home value is $338,100. The average price of homes sold in Lexington, TN is $240,000. Approximately 49.85% of Lexington homes are owned, compared to 38.88% rented, while 11.28% are vacant. Lexington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lexington real estate agent to arrange a tour today!

Lexington, Tennessee has a population of 7,849. Lexington is more family-centric than the surrounding county with 36.96% of the households containing married families with children. The county average for households married with children is 33.41%.

The median household income in Lexington, Tennessee is $37,302. The median household income for the surrounding county is $47,885 compared to the national median of $69,021. The median age of people living in Lexington is 37.7 years.

Lexington Weather

The average high temperature in July is 89.2 degrees, with an average low temperature in January of 26.3 degrees. The average rainfall is approximately 53.4 inches per year, with 2.9 inches of snow per year.

Lexington Real Estate Market Conditions

  • Median sales price

    $240,000
    24.9% change since last quarter
  • # Active listings

    67
    30-day change

Lexington Schools and Demographics

Education near Lexington, TN

Metric City County
High School Graduates 87.16 86.73
College Degree - 2 year 9.67 7.85
College Degree - 4 year 13.95 13.56
Graduate Degree 2.34 3.38
Expenditures per Student 9,655 9,655
Students per Teacher 14.8 14.8

Elementary Schools near Lexington, TN

School Grades Students P/T Ratio ZIP
Bargerton Elementary School PK - 08 304 16 38351
Beaver Elementary School PK - 08 342 14.9 38388
Beech Bluff Elementary School PK - 05 288 16 38313
Paul G Caywood Elementary School PK - 05 725 14 38351
Pin Oak Elementary School PK - 08 400 16.7 38351
South Haven Elementary School PK - 08 304 16 38351
South Side Elementary School PK - 08 334 14.5 38368
Westover Elementary School PK - 08 584 17.2 38345

Middle Schools near Lexington, TN

School Grades Students P/T Ratio ZIP
Lexington Middle School 06 - 08 286 13 38351

High Schools near Lexington, TN

School Grades Students P/T Ratio ZIP
Lexington High School 06 - 12 941 17.1 38351
Scotts Hill High School 09 - 12 478 14.9 38368

Demographics near Lexington, TN

Metric City County
Neighborhood Type Small Town
Population 7,849 27,800
Population Density 680 54
Median Age 37.7 40.6
People per Household 2.6 2.5
Median Household Income 37,302 47,885
Average Income per Capita 20,757 23,757