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Investment Property with Tenant
For Sale
$75,000

255/257 Pinehaven Drive, Lexington, NC 27292

Property with existing tenant and potential for further development.

Property SizeContact for details
Lot Size0.53 Acres
Days on Market369

Property Features for 255/257 Pinehaven Drive

General Information

Standard status Active
Lot size 0.53 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $364
Listing Agency: LAKE FRONT PROPERTIES
Listed By: WILLIAM VARNER
Source: Corcoran
Added: Aug 12, 2025 Changed: Aug 10 Last Checked: Aug 15 at 6:02AM

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 LAKE FRONT PROPERTIES

Investment Insights

Based on property information with market context.

This property presents an investment opportunity with potential for return. It features two septic systems already installed. Previously, the property accommodated two mobile homes. Currently, one mobile home remains and is occupied by a tenant. The property offers various possibilities, including renting lots, renting homes, or constructing a personal residence.

Key Highlights

  • Investment opportunity with potential for return on investment.
  • Two septic systems already in place.
  • Previously accommodated two mobile homes.

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Spa & Massage Center Food Market Tattoo & Piercing Shop Pet 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.

Location Intelligence

Trade Area within ½ mile

14
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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Property with existing tenant and potential for further development.
Where is this mobile home & rv park located?
The property is located at 255/257 Pinehaven Drive Lexington, NC.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Investment opportunity with potential for return on investment.; Two septic systems already in place.; Previously accommodated two mobile homes.
More about this property
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