Residential Development
For Sale
$295,000
403 Meredith Ave, Lexington, NC 27292
Development site with environmental assessment and feasibility analysis completed, including city water and sewer access.
Property SizeContact for details
Days on Market101
Property Features for 403 Meredith Ave
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$1,214
Listing Agency:
Leonard Craver Realty Inc
(336) 470-1782
Listed By:
Jackie Helton
(336) 470-1782
Source:
Exprealty
Added: May 13
Changed: Aug 8
Last Checked: Jul 13 at 1:56AM
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 Leonard Craver Realty Inc
Investment Insights
Based on property information with market context.
This land parcel offers a prepared development path with an environmental site assessment, feasibility analysis, and water delineation already completed. The feasibility planning identifies development considerations for up to 50 townhomes or up to 80 two-story apartments.
The property has access to city water and sewer, supporting residential infill planning and helping streamline early project evaluation.
Documentation indicates the site is being considered for higher-density residential layouts, with specific feasibility parameters included to inform design and development decisions.
The property has access to city water and sewer, supporting residential infill planning and helping streamline early project evaluation.
Documentation indicates the site is being considered for higher-density residential layouts, with specific feasibility parameters included to inform design and development decisions.
Key Highlights
- 5.75‑acre development site with environmental site assessment, feasibility analysis, and water delineation completed
- Feasibility plan supports development of up to 50 townhomes
- Feasibility plan supports up to 80 two‑story apartments
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
232
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Development site with environmental assessment and feasibility analysis completed, including city water and sewer access.
Where is this residential land & home lot located?
The property is located at 403 Meredith Ave Lexington, NC.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 5.75‑acre development site with environmental site assessment, feasibility analysis, and water delineation completed; Feasibility plan supports development of up to 50 townhomes; Feasibility plan supports up to 80 two‑story apartments
