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    224 Dixon St Lexington, NC 27292

    Sponsored
    For Sale
    $395,000

    Investment - Lexington, NC

    Days on Market:
    106
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 224 Dixon St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B

    Building Details

    Year built
    1972
    Architectural style
    Other

    John Christian Luxury Real Estate (704) 453-1208 [email protected]

    Listing agent Mark Smith (704) 453-1208

    Listing date Sep 22, 2025

    MLS# 1176214 Listing URL

    Copyright © 2026 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

    Lexington Corner Lot with Home

    This property features two parcels, located at 224 and 254 Dixon Street in Lexington, NC. The site consists of a 1.68+/- acre corner lot with a brick ranch home. The property is zoned B and situated at Sapona Business Park. Its location is convenient to the entire NC Triad area and Charlotte, with proximity to I-85/Bus 85/Hwy 52 and near Davidson County Airport. The home is connected to Davidson Water, with a new water meter and line installed in March 2025. Past rental income on the home was $1150 monthly. There is an existing oil tank on the property about which nothing is known.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Department Store Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.316439
    Latitude
    35.777649

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    FAQs

    What type of property is this?
    Commercial land - 1.68+/- acre corner lot with brick ranch home.
    Where is this commercial land located?
    The property is located at 224 Dixon St Lexington, NC.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - 1.68+/- acre corner lot on 2 parcels; - Phenomenal location near I-85/Bus. 85/Hwy 52 and Davidson County Airport; - Zoned B at Sapona Business Park
    (336) 462-3272
    Request Owner's contact information
    224 Dixon St Lexington, NC 27292
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    Lexington, NC 27292
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    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
    224 Dixon St Lexington, NC 27292
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