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Rare Vacant Land Parcel
For Sale
$295,000

5760 Main St, Lexington, MI 48450

Large vacant land parcel in Lexington, high-traffic location.

Property SizeContact for details
Days on Market143

Property Features for 5760 Main St

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $824
Listing Agency: Coldwell Banker Premier Properties Inc.
Listed By: Lawrence D Palleschi · License #6502359641
Source: Elliman
Added: Apr 22 Changed: Sep 5 Last Checked: Sep 11 at 10:03AM

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 Coldwell Banker Premier Properties Inc.

Investment Insights

Based on property information with market context.

A large vacant land parcel is available within the Village of Lexington on Main Street. This high-traffic location is situated south of the downtown area and includes a left-turn lane. The lot is zoned G-MU "Gateway Mixed Use District" and supports a variety of uses, including multi-family housing, short-term rentals, single-family homes, adult foster care, day care, and professional businesses. City water and sewer, natural gas, and fiber-optic internet are available at the street. The property also includes a 2-car garage. The Village of Lexington offers amenities such as shops, a theatre, restaurants, parks, and the Lexington beach and harbor. The bike score is 43, indicating it is somewhat bikeable, and the walk score is 59, indicating it is somewhat walkable.

Key Highlights

  • Large vacant land parcel in a high‑traffic location on Main Street in the Village of Lexington.
  • Zoned G‑MU "Gateway Mixed Use District" allowing for flexible variety of uses: multi‑family, short term rentals, single family, adult foster care, day care, professional business.
  • City water/sewer, natural gas, and fiber‑optic internet available at the street.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Pharmacy Plumbing Service Grocery & Convenience 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

110
Businesses Nearby

Demographics for 48450, MI

4,199
Population
4,113
Households
1
Avg Household Size
55
Median Age
23%
College-Educated
95%
High-School Grad
21.9 sq mi
ZIP Area
192
Density / Sq Mi
$58,297
Median Household Income
$33,892
Median Earnings
$855
Median Rent
$200,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Large vacant land parcel in Lexington, high-traffic location.
Where is this commercial land located?
The property is located at 5760 Main St Lexington, MI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Large vacant land parcel in a high‑traffic location on Main Street in the Village of Lexington.; Zoned G‑MU "Gateway Mixed Use District" allowing for flexible variety of uses: multi‑family, short term rentals, single family, adult foster care, day care, professional business.; City water/sewer, natural gas, and fiber‑optic internet available at the street.
More about this property
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