46 BroadLexington, TN 38351

  • Grocery and convenience stores
  • 2,964 SF
Off market
$20,037,600 Estimated

Property Details for 46 Broad

Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.00 AC
Property size (Sq ft)
2,964 SF
Zone code
B3
Property type
Grocery and convenience stores
APN
039082I D 01401
APU
039082ID01401

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $995,936
    6.5%
    $919,325
    7%
    $853,659
  • Comparable approach

    Method
    Valuation
    Relative Method
    $582,305
    Geo Method
    $582,305
  • Alternative Use

    Use
    Valuation
    Residential
    $775,485
    Hospitality
    $710,340
    Educational
    $590,995
    Medical
    $611,320
    Retail
    $919,325

Location Insight

City
Lexington
County
Henderson
State
Tennessee
Latitude
35.6501
Longitude
-88.3949

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
$5,656
$58,000
$140,160
$198,160
-
$145,000
$350,400
$495,400

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