Search
Commercial Corner Lot with Workshop
For Sale
$250,000
Pending

1240 Fairview Drive, Lexington, NC 27292

Commercial lot with workshop, convenient location near I-85.

Property SizeContact for details
Lot Size0.61 Acres
Days on Market226

Property Features for 1240 Fairview Drive

General Information

Standard status Pending
Lot size 0.61 Acres
Property subtype Commercial

Amenities

Corner Lot
City Lot

Building Details

Year Built 1949
Listing Agency: LEONARD CRAVER REALTY INC
Listed By: JACKIE HELTON
Source: Corcoran
Added: Jan 22 Changed: Aug 9 Last Checked: Aug 8 at 7:40AM

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 LEONARD CRAVER REALTY INC

Investment Insights

Based on property information with market context.

This commercial property is situated on a 0.61-acre corner lot with access from both Fairview Drive and Cody Street. The property includes a 27 x 27 wired and plumbed workshop, featuring workspace, an office, and a bathroom. Previously used as a residential home, the property could be converted to office space. The location offers convenient access to I-85 and is in close proximity to Walmart, Lowes, Walgreens, banks, restaurants, and other retailers. It is also convenient to downtown Lexington and High Rock Lake.

Key Highlights

  • Priced significantly under tax value, offering over $60,000 in savings.
  • Prime commercial location on a corner lot with access from two streets.
  • Large 27 x 27 workshop, wired and plumbed, includes workspace, office, and bathroom.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Law Firm Parking Lot & Garage Hair Salon

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

219
Businesses Nearby

Demographics for 27292, NC

39,337
Population
18,749
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
144.0 sq mi
ZIP Area
273
Density / Sq Mi
$54,468
Median Household Income
$34,776
Median Earnings
$831
Median Rent
$193,300
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 - Commercial lot with workshop, convenient location near I-85.
Where is this commercial land located?
The property is located at 1240 Fairview Drive Lexington, NC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Priced significantly under tax value, offering over $60,000 in savings.; Prime commercial location on a corner lot with access from two streets.; Large 27 x 27 workshop, wired and plumbed, includes workspace, office, and bathroom.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message