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    511 Main St Lexington, NC 27292

    For Sale
    $275,000

    Unimproved Land - Lexington, NC

    Type:Unimproved Land
    Lot size:
    0.92 Acres
    Days on Market:
    95
    Last Refresh:
    Dec 7 at 12:06 am

    Property Features for 511 Main St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    NA
    Lot size
    0.92 Acres

    Building Details

    Architectural style
    Other

    beycome.com (844) 239-2663 [email protected]

    Listing agent Kevin Gioia (844) 239-2663

    Listing date Sep 4, 2025

    MLS# 1162916 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

    Lexington Land Ready For Development

    This 0.92-acre parcel of unimproved commercial land is located in Lexington, North Carolina. The property is situated in a prime downtown location, adjacent to breweries, restaurants, and the train depot. Development plans and construction plans are in hand, and no further permits are needed, making the site development-ready.
    Property Profile Location Intelligence

    Current Use by Public Records

    AutoZone Auto Parts Auto Parts Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.248128
    Latitude
    35.828698

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    FAQs

    What type of property is this?
    Land - Unimproved land in prime location with development plans in hand.
    Where is this land located?
    The property is located at 511 Main St Lexington, NC.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Development-ready: **Plans and construction documents are in hand, with no further permits required.**; - Prime downtown location: Situated next to breweries, restaurants, and the train depot.; - Ready to start: Immediate commencement of development is possible.
    (844) 239-2663
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    511 Main 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
    511 Main St Lexington, NC 27292
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