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    1670 Frank Hulin Rd, Unit Lexington Lexington, NC 27295

    For Sale
    $649,000

    Land with lake, utilities, and development potential for dream home.

    Lot size:
    33.21 Acres

    Property Features for 1670 Frank Hulin Rd

    General Information

    Standard status
    Active
    Lot size
    33.21 Acres

    Source: COLDWELL BANKER ADVANTAGE Agent GARLAND SHELTON

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

    Overview

    33.21-Acre Parcel with 3.5-Acre Lake

    This 33.21-acre parcel features a 3.5-acre lake, offering a setting suitable for residential development. The property is equipped with electric power and public water. A 40’x40’ commercial-grade garage includes 200-amp service, and the proposed home site has 400-amp underground service. Additionally, there are 30-amp and 50-amp RV hookups (no septic) located behind the garage. Deed restrictions permit only stick-built homes, but the land allows for potential subdivision into multiple home sites around the lake. This property presents an opportunity for a private retreat or the development of a community around a lake setting. The property is located in Lexington, NC, and benefits from low Davidson County taxes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.4284626
    Latitude
    35.8138723

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    FAQs

    What type of property is this?
    Land - Land with lake, utilities, and development potential for dream home.
    Where is this land located?
    The property is located at 1670 Frank Hulin Rd, Unit Lexington Lexington, NC.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: - Large 33.21-acre parcel featuring a 3.5-acre lake, perfect for a private retreat or development.; - Equipped with electric power and public water.; - Commercial-grade 40’x40’ garage with 200-amp service.
    (336) 996-3971
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    1670 Frank Hulin Rd, Unit Lexington 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
    1670 Frank Hulin Rd, Unit Lexington Lexington, NC 27295
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