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Level Commercial Land Tract
For Sale
$975,000

888 N State Road 3, Lexington, IN 47138

LAND - Lexington, IN

Property SizeContact for details
Lot Size8.60 Acres
Days on Market90

Property Features for 888 N State Road 3

General Information

Property type Land
Property subtype Other
Zoning Currently Agricultural
Subdivision No Subdivision
Middle school Scottsburg Middle School
High school Scottsburg Senior High School
Elementary school district Scott County School District 2
Middle school district Scott County School District 2
High school district Scott County School District 2
Directions GPS Friendly
Standard status Active
APN 720617500005000005
Lot size 8.60 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description NWQR & NW1/4 NEQR 17-3-8 8.3A WATERSHED and NE1/4 NWQR 17-3-8 .326A WATERSHED
Legal Description NWQR & NW1/4 NEQR 17-3-8 8.3A WATERSHED and NE1/4 NWQR 17-3-8 .326A WATERSHED

Utilities

Sewer type Septic Needed
Listing Agency: Kovener & Associates Real Esta
Listed By: Casey Elkins · License #RB14051597
Added: May 15 Changed: May 16 Last Checked: Aug 12 at 2:06AM
MLS# 22102533

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land offering consists of a level, usable tract with approximately 8.6 acres. The property’s configuration is described as flexible, supporting multiple layout options and phased development.

The tract is located along State Road 3 in Lexington, Indiana (Scott County). Zoning is currently agricultural.

The site is positioned for buyers looking for a development “clean slate,” with the acreage and grade supporting planning for a future commercial project subject to applicable approvals.

Key Highlights

  • 8‑acre tract of level, usable land with flexibility for multiple layouts or phased development
  • Located along State Road 3 in a high‑traffic rural corridor
  • Septic needed

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 47138, IN

4,398
Population
2,077
Households
2.1
Avg Household Size
43
Median Age
13%
College-Educated
90%
High-School Grad
74.8 sq mi
ZIP Area
59
Density / Sq Mi
$73,777
Median Household Income
$43,702
Median Earnings
$1,234
Median Rent
$181,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Level tract of land along State Road 3, zoned currently agricultural, offering development flexibility on approximately 8.6 acres.
Where is this commercial land located?
The property is located at 888 N State Road 3 Lexington, IN.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 8‑acre tract of level, usable land with flexibility for multiple layouts or phased development; Located along State Road 3 in a high‑traffic rural corridor; Septic needed
More about this property
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