220 Hughes StLawrenceburg, TN 38464

Property Details for 220 Hughes St

Year built

2013

Construction

FRAME

Lot size

0.49 AC

Property size (Sq ft)

2,432 SF

Property type

Office properties

APN

050078N M 01800

APU

050078NM01800

Description

This exceptional 2,500-square-foot traditional office building is ideally situated in downtown Lawrenceburg, Tennessee, at the intersection of Hughes Street and Gaines Street, offering convenient access to Highway 43. The single-tenant property boasts a highly visible location, easily spotted from the ample 18-space parking lot—with CVS and Walgreens visible from the lot. The building features a flexible layout, including a large open work area perfect for collaborative work environments, and the potential to create seven individual offices to suit various business needs. A fully equipped break room adds to the convenience and comfort of the space. The open concept design is complemented by multiple exterior doors, providing easy access and flow. The half-acre lot provides ample space and the building's prime location in the heart of Lawrenceburg ensures high visibility and accessibility for clients and employees. This property presents a fantastic opportunity for businesses seeking a well-appointed and conveniently located office space. The building's size, parking, and location combine to create a highly desirable commercial property in a thriving Tennessee town.

• CAP approach

  CAP return

  Valuation

  6%

  $514,379

  6.5%

  $474,811

  7%

  $440,896

• Comparable approach

  Method

  Valuation

  Relative Method

  $396,148

  Geo Method

  $474,386

• Alternative Use

  Use

  Valuation

  Residential

  $588,766

  Hospitality

  $539,306

  Educational

  $448,696

  Medical

  $464,128

  Retail

  $697,972

Location Insight

City

Lawrenceburg

County

Lawrence

State

Tennessee

Latitude

35.2421

Longitude

-87.3318

CBSA code

29980

CBSA name

LAWRENCEBURG, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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