Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1301 Cotton Grove Rd Lexington, NC 27292

    For Sale
    $233,000

    Commercial - Lexington, NC

    Days on Market:
    176
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 1301 Cotton Grove Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B

    Building Details

    Architectural style
    Other

    Price & Associates - Realtors (336) 250-4173 [email protected]

    Listing agent Merrick Dyson (336) 250-4173

    Listing date Jun 13, 2025

    MLS# 1175864 Listing URL

    Copyright © 2025 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Growing Area

    This commercial property is situated in a fast-growing area with major new developments planned. The location is near restaurants and shopping centers. An upcoming residential development featuring up to 375 single-family homes and an upcoming Sheetz are also nearby. Sewer, water, and power are available through Lexington Utilities. The property is zoned B. The house on the property has no value, and the seller is offering $7,500 in concessions to buyers for the house demolition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.262199
    Latitude
    35.789426

    Nearby Similar for Sale

    • $349,900

      Prime Lexington Commercial Building

      High-traffic location, multiple offices, ample parking, ideal for investment.
      3995 Old Us Highway 52, Lexington, NC 27295
      View Details
    • $339,999

      Historic Office in Park Place

      Stately office space in Lexington's coveted historic district.
      501 2Nd Ave, Lexington, NC 27292
      View Details
    • $900,000

      Lexington Garage with Lifts

      2600 SF garage with lifts on high-traffic corner.
      521 S Main St, Lexington, NC 27292
      View Details
    • $750,000

      Turn Key Pawn Shop Opportunity

      Turn key pawn shop for sale with existing inventory.
      1105 S Main St, Lexington, NC 27292
      View Details
    • $649,999

      Lexington Car Wash Investment Opportunity

      Car wash with laser wash and hand wash bays for sale.
      1544 Old Us Highway 52, Lexington, NC 27295
      View Details
    • $229,900
      Pending

      Historic Grimes Brothers Mill Building

      Four-story brick building in downtown Lexington with redevelopment potential.
      1 State St, Lexington, NC 27292
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial property in fast-growing area near new developments.
    Where is this commercial land located?
    The property is located at 1301 Cotton Grove Rd Lexington, NC.
    What is the asking price?
    The asking price for this property is $233,000.
    What are key features of this property?
    This property features: - Prime commercial property in a fast-growing area with major new developments planned.; - Strategic location near restaurants and shopping centers.; - Upcoming residential development with up to 375 single-family homes nearby.
    (336) 250-4173
    Request Owner's contact information
    1301 Cotton Grove Rd Lexington, NC 27292
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1301 Cotton Grove Rd
    Lexington, NC 27292
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1301 Cotton Grove Rd Lexington, NC 27292
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.