Raw Acreage Development
For Sale
$4,200,000
3319 E US Highway 64, Lexington, NC 27292
Undeveloped acreage on the Highway 64 corridor with strong visibility and future development optionality.
Property SizeContact for details
Lot Size38.00 Acres
Days on Market65
Property Features for 3319 E US Highway 64
General Information
Standard status
Active
Lot size
38.00 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
LANTERN REALTY & DEVELOPMENT, LLC SALISBURY BRANCH
(980) 643-4382
Listed By:
CARMADY KRUGER
Source:
Corcoran
Added: Jun 1
Changed: Jul 10
Last Checked: Aug 4 at 7:32AM
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 LANTERN REALTY & DEVELOPMENT, LLC SALISBURY BRANCH
Investment Insights
Based on property information with market context.
An exceptional opportunity to acquire approximately 38 acres of raw, undeveloped land. The property is presented as a large contiguous tract, offering flexibility for future planning and development. Its current condition supports a wide range of concepting for an owner-user, developer, or long-term investor looking to control a meaningful acreage position.
Located along the Highway 64 corridor, the site benefits from strong visibility and practical accessibility for prospective projects. The property’s location provides convenient connectivity to Lexington and the broader Piedmont Triad region, including Asheboro, Greensboro, and Winston-Salem. The remarks also note the relative difficulty of finding large contiguous tracts of this size, which can be a key factor in assembling acreage for development.
The land is well-suited for a variety of uses, including retail, shopping, medical, entertainment, or mixed-use development, subject to applicable approvals. Given the scale and highway-adjacent positioning, the property may appeal to buyers seeking development optionality or investors interested in holding a long-term land asset in a growing North Carolina market.
Located along the Highway 64 corridor, the site benefits from strong visibility and practical accessibility for prospective projects. The property’s location provides convenient connectivity to Lexington and the broader Piedmont Triad region, including Asheboro, Greensboro, and Winston-Salem. The remarks also note the relative difficulty of finding large contiguous tracts of this size, which can be a key factor in assembling acreage for development.
The land is well-suited for a variety of uses, including retail, shopping, medical, entertainment, or mixed-use development, subject to applicable approvals. Given the scale and highway-adjacent positioning, the property may appeal to buyers seeking development optionality or investors interested in holding a long-term land asset in a growing North Carolina market.
Key Highlights
- Approximately 38 acres of raw, undeveloped land at 3319 E Hwy 64 in Lexington, NC
- Located along the Highway 64 corridor for visibility and easy access
- Large, contiguous acreage tract suitable for multiple development options (subject to applicable approvals)
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Undeveloped acreage on the Highway 64 corridor with strong visibility and future development optionality.
Where is this commercial land located?
The property is located at 3319 E US Highway 64 Lexington, NC.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Approximately 38 acres of raw, undeveloped land at 3319 E Hwy 64 in Lexington, NC; Located along the Highway 64 corridor for visibility and easy access; Large, contiguous acreage tract suitable for multiple development options (subject to applicable approvals)
