Listing Agency: Kovener & Associates Real Esta Show Phone

Listed By: Casey Elkins · License #RB14051597 Show Phone

Source: Exprealty

Added: Nov 24, 2025 Changed: Sep 2 Last Checked: Sep 11 at 6:12PM

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Investment Insights

Based on property information with market context.

Three commercial lots are available for sale in Scott County, Indiana. The lots are located at the intersection of State Road 3 and 56, approximately 7 miles east of Scottsburg, IN/I-65 Exit 29, and 14 miles west of Madison, IN. Parcel A consists of 2 acres, Parcel B consists of 2 acres, and Parcel C consists of 2 acres. The entire 8.626 acre site is also available for purchase. The location is suitable for a convenience store/gas station, dollar store, other retail uses, or self-storage.

Key Highlights

• Located at the intersection of State Road 3 and 56, a busy intersection with high visibility.
• Suitable for a variety of commercial uses including C‑store/gas station, dollar store, other retail, or self‑storage.
• Three parcels available for purchase individually or as an entire 8.626 acre site.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply HVAC Service Big Box & Wholesale 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

6

Businesses Nearby

Explore this area Business Placement

Demographics for 47138, IN

4,398

Population

2,077

Households

2.1

Avg Household Size

43

Median Age

13%

College-Educated

90%

High-School Grad

74.8 sq mi

ZIP Area

59

Density / Sq Mi

$73,777

Median Household Income

$43,702

Median Earnings

$1,234

Median Rent

$181,100

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this individual retail properties located? What is the asking price? Find similar properties What are key features of this property?

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Land

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Frequently Asked Questions

What type of property is this?

Individual retail property - Commercial lots available at a busy intersection in Lexington, IN.

Where is this individual retail property located?

The property is located at 888 N State Road 3 Lexington, IN.

What is the asking price?

The asking price for this property is $975,000.

What are key features of this property?

This property features: Located at the intersection of State Road 3 and 56, a busy intersection with high visibility.; Suitable for a variety of commercial uses including C‑store/gas station, dollar store, other retail, or self‑storage.; Three parcels available for purchase individually or as an entire 8.626 acre site.