Fayette County Real Estate

Fayette County Real Estate

Fayette County, Tennessee is located in the western part of the state, just south of Memphis. It is home to a population of 38,819 people, according to the 2019 U.S. Census Bureau estimates. The county was established in 1824 and named in honor of the Marquis de Lafayette, a French military hero who fought alongside the American revolutionaries during the Revolutionary War.

The county is known for its rural lifestyle and is home to a number of small towns and cities, including Somerville, Oakland, Piperton, and Moscow. The area is known for its agricultural heritage, with many farms and ranches dotting the landscape. The county is also home to several state parks and recreational areas, such as the Hatchie National Wildlife Refuge and the Chickasaw State Park.

Fayette County is home to a variety of real estate options, ranging from single-family homes to expansive farms and ranches. The county's housing market is relatively affordable, with the median home value estimated at $130,500 as of 2019. The area is also home to a variety of businesses and industries, including manufacturing, health care, and tourism.

Overall, Fayette County is a great place to settle down and call home. With its rural lifestyle, affordable housing, and variety of recreational activities, it is the perfect place for those looking for a peaceful, laid-back lifestyle. Whether you are looking to buy a home, start a business, or just enjoy the outdoors, Fayette County has something for everyone.

Newest Listings in Fayette County

$795,000
3510287 MLS ACTIVE Status 0.38 Acres 38068 Zip Code
Well-established and strategically located directly on US 64, this property presents an exceptional opportunity to own a long-standing automotive body repair facility in a highly visible and convenient location. This established business has proudly served the community for well over a decade and offers nearly 6,000 sq ft of versatile commercial space designed for efficient automotive operations. The heated shop features 9 bays, with several bays large enough to accommodate 18-wheelers and buses, providing excellent flexibility for a variety of automotive and commercial repair needs. A Devilbiss paint booth, paint inventory, 2 lifts, Grabber track, air compressor, dryer, and hose reels are included. The facility also features 3-phase power, a dedicated tool room, paint room, and additional upstairs space that could be utilized as an office, parts room, storage area, or for other business needs. The property offers a spacious office area with a bathroom, along with a second bathroom in the shop area featuring a convenient walk-in shower. A kitchen/break room provides additional functionality for employees and daily business operations. All office furniture remains with the sale. Security cameras are also included. The smaller portion of the shop was constructed in 2013, while the majority of the facility has been added onto and remodeled around 2021, offering a combination of established infrastructure and updated space. Exterior amenities include a double metal carport and storage shed, both of which remain with the property. Business is negotiable, providing a potential opportunity for a qualified buyer to acquire both the real estate and an established automotive business. A recent appraisal and market potential analysis are available upon request as well as financials. A rare opportunity to acquire a well-equipped, highly functional commercial facility with excellent highway visibility, substantial shop space, and significant potential for continued growth.

16245 US Highway 64, Somerville

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.