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Investment Highlights

  • Former Daycare Building For Sale
  • Potential redevelopment opportunity
  • Strong Lakeland demographics: $103,246 median household income within 3 miles
  • Hard corner location at US Hwy 64 & Lakeland Hills Dr
  • 2.12 acres zoned C-2, permitting retail, office, medical, and service uses
  • 6,561 SF freestanding building, delivered 100% vacant at closing

Executive Summary

6,561 SF Former Daycare Building For Sale 
Situated on 2.12 AC
Formerly occupied by the YMCA
Potential redevelopment opportunity
Prime location at the hard corner of Highway 64 and Lakeland Hills Drive
Asking price: $1,400,000

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
6,561 SF
Building Class
B
Year Built
1997
Price
$1,929,200 CAD
Price Per SF
$294.04 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.12 AC

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 6,561 SF
  • Retail
  • -
  • Now

Asking rent per month: $8,500.00 Base NNN estimated at $1,592.00/mo Tenant will carry own insurance policy and self perform CAM Situated on 2.12 AC Features large outdoor play yard Formerly occupied by the YMCA Located at corner lot of Highway 64 and Lakeland Hills Drive

Space Size Space Use Position Available
1st Floor 6,561 SF Retail - Now

1st Floor

Size
6,561 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 6,561 SF
Space Use Retail
Position -
Available Now

Asking rent per month: $8,500.00 Base NNN estimated at $1,592.00/mo Tenant will carry own insurance policy and self perform CAM Situated on 2.12 AC Features large outdoor play yard Formerly occupied by the YMCA Located at corner lot of Highway 64 and Lakeland Hills Drive

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Orangetheory Fitness
Waffle House
D1 Sports Training
Regions Bank
Krystal
Club Pilates

Property Taxes

Property Taxes

Parcel Number
L0-159-0-0447
Land Assessment
$228,858 CAD
Improvements Assessment
$211,661 CAD
Total Assessment
$440,519 CAD
  • Listing ID: 41809595

  • Date on Market: 2026-08-19

  • Last Updated:

  • Address: 2935 Lakeland Hills Dr, Lakeland, TN 38002

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