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Industrial Land with Railroad Access
For Sale
$2,200,000

198 Brown Street, Lexington, NC 27292

Multi-parcel industrial land with municipal utilities and direct access to an active railroad line.

Property SizeContact for details
Lot Size6.69 Acres
Days on Market64

Property Features for 198 Brown Street

General Information

Standard status Active
Lot size 6.69 Acres
Property subtype Land or Vacant Lot

Site & Location

Highway Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $926
Listing Agency: WHITETAIL PROPERTIES REAL ESTATE
Listed By: ALLISON MONK · License #359515
Source: Corcoran
Added: Jun 16 Changed: Aug 17 Last Checked: Aug 18 at 5:31AM

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 WHITETAIL PROPERTIES REAL ESTATE

Investment Insights

Based on property information with market context.

This 6.69± acre industrial land offering consists of three parcels within the Lexington commercial corridor in Davidson County, NC. The property benefits from access to municipal water, sewer, and electrical service, supporting a range of industrial development needs. A notable site feature is its border with an active railroad line.

The location provides convenient regional connectivity via Interstate 85, with the Davidson County airport minutes away. The parcels sit within a primary commercial and industrial growth area and are described as having high daily traffic counts along an active transportation corridor, supporting on-site visibility and exposure for users who value distribution and transit access.

For buyers seeking flexible industrial land, the combination of interstate access, rail proximity, and municipal utilities can help streamline early planning for a variety of commercial uses consistent with an industrial corridor setting. The multi-parcel configuration may also be useful for buyers evaluating layout and phasing options across the three lots, depending on their development approach.

Key Highlights

  • 6.69± acre property made up of 3 parcels in Davidson County, NC, along Lexington’s commercial corridor.
  • Bordered by an active railroad line, offering rail proximity for industrial or logistics uses.
  • Access to municipal water, sewer, and electrical utilities.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Big Box & Wholesale Store Auto Parts Store 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.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

191
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?
Industrial land - Multi-parcel industrial land with municipal utilities and direct access to an active railroad line.
Where is this industrial land located?
The property is located at 198 Brown Street Lexington, NC.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 6.69± acre property made up of 3 parcels in Davidson County, NC, along Lexington’s commercial corridor.; Bordered by an active railroad line, offering rail proximity for industrial or logistics uses.; Access to municipal water, sewer, and electrical utilities.
More about this property
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