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    114 Cherokee Dr, Unit Lexington Lexington, NC 27295

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    For Sale
    $59,900

    Acreage available in Lexington, North Carolina.

    Lot size:
    2.20 Acres

    Property Features for 114 Cherokee Dr

    General Information

    Standard status
    Active
    Lot size
    2.20 Acres
    Source: Corcoran

    Listing Agent: Dick Johnson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Available in Lexington, NC

    This property consists of acreage with lot dimensions and taxes reflecting a combination of three parcels, according to Davidson County GIS data.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop Auto Parts Store Department Store Grocery Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.3102297
    Latitude
    35.8014773

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    FAQs

    What type of property is this?
    Land - Acreage available in Lexington, North Carolina.
    Where is this land located?
    The property is located at 114 Cherokee Dr, Unit Lexington Lexington, NC.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: - Acreage available for development or investment.; - Lot dimensions provide flexibility in planning.; - Combination of three parcels offering expanded possibilities.
    (336) 249-2988
    Request Owner's contact information
    114 Cherokee Dr, Unit Lexington Lexington, NC 27295
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    Lexington, NC 27295
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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
    114 Cherokee Dr, Unit Lexington Lexington, NC 27295
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