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Retail Development Lot
For Sale
Contact for pricing
Pending

1902 Cotton Grove Rd, Lexington, NC 27292

Retail lot with QSR-friendly potential and over 20K average daily traffic, with city water and sewer taps installed.

Days on Market111

Property Features for 1902 Cotton Grove Rd

General Information

Standard status Pending
Property subtype Land

Additional Details

Utilities to Site Yes
Listing Agency: New South Properties
Listed By: William Buchanan · License #NC 315599
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Jul 30 at 1:35PM

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 New South Properties

Investment Insights

Based on property information with market context.

This is a retail development lot presented for sale with positioning for QSR or retail use. The property includes city water and sewer tap installations on-site, supporting straightforward utility connection for an eventual build-out.

The lot benefits from an average daily traffic count of over 20,000 vehicles and fronts Cotton Grove Rd, supporting visibility for customer-oriented retail.

Utilities are in place with city water and sewer taps installed on the property, helping reduce early development friction for qualified buyers and tenants.

Key Highlights

  • Retail lot suitable for QSR or retail use off Cotton Grove Rd
  • Average daily traffic count over 20K
  • City water and sewer tap installed on the property

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency HVAC Service Law Firm (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

137
Businesses Nearby
156k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 64% Shops & Services 17% Groceries 17% Hotels & Casinos 1%
McDonald's Dining
31,461 visits/mo 0.2 miles
Food Lion Grocery Store Groceries
27,022 visits/mo 0.2 miles
Cook Out Dining
24,432 visits/mo 0.3 miles
BP Shops & Services
16,125 visits/mo 0.3 miles
Bojangles' Famous Chicken 'n Biscuits Dining
15,599 visits/mo 0.3 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Retail lot with QSR-friendly potential and over 20K average daily traffic, with city water and sewer taps installed.
Where is this commercial land located?
The property is located at 1902 Cotton Grove Rd Lexington, NC.
What are key features of this property?
This property features: Retail lot suitable for QSR or retail use off Cotton Grove Rd; Average daily traffic count over 20K; City water and sewer tap installed on the property
More about this property
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