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Commercial Land with Utilities
For Sale
$375,000

1262 E US Highway 64, Lexington, NC 27292

Highway Commercial and Light Industrial zoning supports commercial development along the US 64 corridor.

Property SizeContact for details
Days on Market13

Property Features for 1262 E US Highway 64

General Information

Standard status Active
Property subtype Commercial
Listing Agency: DELAPP PROPERTIES
Listed By: MICHELLE M. DELAPP · License #143993
Source: Corcoran
Added: Sep 22 Changed: Oct 1 Last Checked: Oct 4 at 9:53AM

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 DELAPP PROPERTIES

Investment Insights

Based on property information with market context.

This 5-acre commercial land parcel, subject to survey, has gas, water, and electric on the property. Its Highway Commercial and/or Light Industrial zoning accommodates commercial or light industrial development within those classifications.

The property is located in the US Highway 64 commercial corridor. City of Lexington sewer is approximately 1,000 feet away.

Key Highlights

  • 5 acres, subject to survey
  • Zoned for Highway Commercial and/or Light Industrial uses
  • Gas, water, and electric are on the property

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm

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

1
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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Highway Commercial and Light Industrial zoning supports commercial development along the US 64 corridor.
Where is this commercial land located?
The property is located at 1262 E US Highway 64 Lexington, NC.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 5 acres, subject to survey; Zoned for Highway Commercial and/or Light Industrial uses; Gas, water, and electric are on the property
More about this property
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