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Freestanding Grocery Store Building
For Sale
$650,000
Pending

3574 Nc Hwy 8, Lexington, NC 27292

SINGLE_FAMILY - Lexington, NC

Property SizeContact for details
Lot Size0.47 Acres
Days on Market48

Property Features for 3574 Nc Hwy 8

General Information

Property type Residential
Property subtype Retail
Zoning HC
Zoning description HC
Rooms Basement
Basement Exterior Entry, Partial
Directions Use GPS. From Lexington, take NC Highway 8 / Cotton Grove Road south toward Southmont. Property is located at 3574 NC-8 / NC Highway 8.
Standard status Pending
APN 06-008-0-000-0013-A-0-0
Lot size 0.47 Acres

Taxes and HOA fees

Tax Description L13A BK2502-647 NC HWY 8
Legal Description L13A BK2502-647 NC HWY 8

Building Details

Year built 1954
Roof type Metal, Concrete
Listing Agency: ERA Live Moore · ERA Real Estate
Listed By: Khalid Nafisah
Added: Jun 18 Changed: Aug 3 Last Checked: Aug 4 at 3:06PM
MLS# 4395268

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Freestanding grocery and convenience retail building at 3574 NC Hwy 8 in Lexington, NC (Davidson County). The property sits on a 0.47-acre lot and was built in 1954. Roofing is concrete and metal, and the building includes a basement. The site is currently occupied by a grocery store tenant under a reported 10-year triple net lease with 3% annual increases.

The property offers road frontage with convenient access for customer traffic. Zoning is HC. The listing notes that the sale includes the real estate only unless otherwise agreed in writing, and that the buyer should verify lease terms, zoning and permitted uses, utilities, square footage, acreage, taxes, and other information important to their decision.

Key Highlights

  • 0.47‑acre freestanding grocery store property at 3574 NC Hwy 8
  • HC zoning for the Lexington, NC retail site
  • Currently occupied by a grocery store tenant on a reported 10‑year triple net lease with 3% annual increases

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Plumbing Service Law Firm Garden Center

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

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby
10k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 81% Dining 19%
O'Reilly Auto Parts Shops & Services
4,106 visits/mo 0.2 miles
Citgo Shops & Services
4,042 visits/mo 0.3 miles
Elizabeth's Pizza Dining
1,947 visits/mo 0.2 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Freestanding grocery store on NC Highway 8 with HC zoning, road frontage, and an active triple-net lease.
Where is this grocery and convenience store located?
The property is located at 3574 Nc Hwy 8 Lexington, NC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 0.47‑acre freestanding grocery store property at 3574 NC Hwy 8; HC zoning for the Lexington, NC retail site; Currently occupied by a grocery store tenant on a reported 10‑year triple net lease with 3% annual increases
More about this property
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