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    506 Poplar St Lexington, NC 27292

    Picture of Land at Poplar St 506, Lexington, NC
    For Sale
    $160,000

    Investment - Lexington, NC

    Lot size:
    0.50 Acres
    Days on Market:
    140
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 506 Poplar St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    TN
    Lot size
    0.50 Acres

    Building Details

    Architectural style
    Other

    Leonard Craver Realty Inc (336) 249-0296 [email protected]

    Listing agent James Nance (336) 249-0296

    Listing date Jul 29, 2025

    MLS# 1136425 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

    Prime Lexington Land Investment Opportunity

    This property features a collection of four lots situated on Martin Luther King Junior Boulevard and Poplar Street in Lexington, North Carolina. The purchase includes multiple parcels: 1103500000072A, 1103500000072, and 1103500000072B. The total lot size is approximately 0.5 acres. A home is present on the property, but it is considered to have no value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.244741
    Latitude
    35.826513

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    FAQs

    What type of property is this?
    Land - Four combined lots on MLK JR. Blvd in Lexington, NC.
    Where is this land located?
    The property is located at 506 Poplar St Lexington, NC.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: - Prime location on the corner of MLK JR. Blvd and Poplar Street.; - Includes 4 lots in total.; - Multiple parcels: 1103500000072A, 1103500000072, 1103500000072B.
    (336) 249-0296
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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
    506 Poplar St Lexington, NC 27292
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