250 Boswell StLexington, TN 38351

Property Details for 250 Boswell St

Year built

1995

Lot size

0.91 AC

Property size (Sq ft)

8,076 SF

Zone code

R2

Property type

Healthcare properties

Property subtype

Medical offices

APN

039082H G 01200

APU

039082HG01200

Description

This exceptional 11,750 square foot office building presents a significant investment opportunity in the thriving city of Lexington, Tennessee. Situated on a generous 0.9-acre lot, this property offers ample space and potential for a variety of uses. The building's substantial size allows for flexible configurations, catering to businesses requiring extensive office space, or those seeking the possibility of subdividing for multiple tenants. The prime location at 250 Boswell Street ensures high visibility and convenient access for employees and clients alike. This property is priced competitively at $1,500,000, representing a compelling value for a building of this scale and location in Lexington. The substantial square footage and expansive lot provide significant room for expansion or future development, making it an ideal choice for long-term growth and investment. The property is ready for immediate occupancy, offering a turnkey solution for businesses seeking a well-established presence in a desirable area. Serious inquiries are encouraged to explore the full potential of this remarkable commercial real estate offering. Detailed property information and specifications are available upon request. Don't miss this chance to acquire a significant commercial asset in a growing Tennessee market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,846,002

  6.5%

  $1,704,002

  7%

  $1,582,287

• Comparable approach

  Method

  Valuation

  Relative Method

  $629,605

  Geo Method

  $629,605

• Alternative Use

  Use

  Valuation

  Residential

  $2,112,962

  Hospitality

  $1,935,462

  Educational

  $1,610,282

  Medical

  $1,665,662

  Retail

  $2,504,883

Location Insight

City

Lexington

County

Henderson

State

Tennessee

Latitude

35.6544

Longitude

-88.3968

Property Tax & Assessments

FAQs

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