Residential Development Opportunity in
For Sale
$650,000
00 Forest Hill Road, Lexington, NC 27295
20-acre Lexington, NC tract approved for 55 single-family homes.
Property SizeContact for details
Lot Size20.09 Acres
Days on Market367
Property Features for 00 Forest Hill Road
General Information
Standard status
Active
Lot size
20.09 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$1,942
Listing Agency:
TERRI BIAS AND ASSOCIATES
(336) 399-7726
Listed By:
LOUIS W ODELL
(919) 670-0437
Source:
Corcoran
Added: Sep 3, 2025
Changed: Sep 3
Last Checked: Sep 4 at 7:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TERRI BIAS AND ASSOCIATES
Investment Insights
Based on property information with market context.
This 20-acre tract in Lexington, NC, presents a residential development opportunity with conditional approval for 55 single-family homes. The site is currently zoned Traditional Neighborhood (TN) / RA3 / HC with proposed TN zoning, aligning with the City of Lexington’s long-term growth plan. The concept plan includes 55 dwelling units at a density of 2.74 units per acre, along with 116 parking spaces, which is two spaces per unit. Dedicated open and recreation space accounts for 0.65 acres, and detention areas for stormwater management cover 1.51 acres. The plan incorporates pedestrian-friendly features such as mulch paths, crosswalks, and landscaped buffers. The property is conveniently located near US-64, US-52, and US-70, offering builders and developers a shovel-ready opportunity in a growing residential corridor. An adjoining 1.5-acre property with frontage on Forest Hill Rd is also available in a separate listing.
Key Highlights
- Shovel‑ready development opportunity with conditional approval for 55 single‑family homes.
- Prime 20± acre tract in a growing residential corridor of Lexington, NC.
- Zoned Traditional Neighborhood (TN) / RA3 / HC with proposed TN zoning, aligning with city growth plan.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
Demographics for 27295, NC
39,042
Population
16,775
Households
2.3
Avg Household Size
43
Median Age
19%
College-Educated
89%
High-School Grad
127.6 sq mi
ZIP Area
306
Density / Sq Mi
$65,446
Median Household Income
$39,150
Median Earnings
$866
Median Rent
$191,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 20-acre Lexington, NC tract approved for 55 single-family homes.
Where is this residential land & home lot located?
The property is located at 00 Forest Hill Road Lexington, NC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Shovel‑ready development opportunity with conditional approval for 55 single‑family homes.; Prime 20± acre tract in a growing residential corridor of Lexington, NC.; Zoned Traditional Neighborhood (TN) / RA3 / HC with proposed TN zoning, aligning with city growth plan.
