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    5150 Nc Highway 8 Lexington, NC 27292

    New
    For Sale
    $1,262,000

    Unimproved Land - Lexington, NC

    Type:Unimproved Land
    Lot size:
    64.67 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 7 at 11:06 am

    Property Features for 5150 Nc Highway 8

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    RA1
    Lot size
    64.67 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Frankie Byrd (336) 250-4173

    Listing date Dec 1, 2025

    MLS# 1151862 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

    64.67 Acres Near I-85

    This property consists of 64.67 acres of unimproved land located near I-85 on Main Hwy 8 in Lexington, North Carolina. The site is partially wooded and offers various opportunities. Situated just outside the city limits, the property is subject to county taxes. The zoning is RA1.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop HVAC Service Shopping Mall Nursing Home Assisted Living Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.269041
    Latitude
    35.743797

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    FAQs

    What type of property is this?
    Land - Unimproved land near I-85, offering various opportunities.
    Where is this land located?
    The property is located at 5150 Nc Highway 8 Lexington, NC.
    What is the asking price?
    The asking price for this property is $1,262,000.
    What are key features of this property?
    This property features: - Prime acreage location.; - Close proximity to I-85.; - Located on Main Hwy 8.
    (336) 250-4173
    Request Owner's contact information
    5150 Nc Highway 8 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
    5150 Nc Highway 8 Lexington, NC 27292
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