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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

888 In-3 Lexington, IN 47138

2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in Lexington, Indiana. The property, encompassing a total of 8.626 acres, is strategically located at the high-traffic intersection of State Road 3 and 56. This prime location offers excellent visibility and accessibility, situated approximately 7 miles east of Scottsburg, Indiana and I-65 Exit 29, and 14 miles west of Madison, Indiana. The land is zoned for commercial use, making it ideal for a variety of development projects. The property is divided into three parcels, each approximately 2 acres in size. Parcel A and Parcel B are each priced at $300,000, while Parcel C is offered at $275,000. Alternatively, the entire 8.626-acre site is available for purchase at $900,000. Potential uses include, but are not limited to, convenience stores, gas stations, dollar stores, other retail establishments, or self-storage facilities. The property's APN is 72-06-17-500-005.000-005 + 72-06-17-200-029.000-005. This is a rare opportunity to acquire highly desirable commercial land in a rapidly growing area. Don't miss out on this chance to secure a prime location for your next venture. The address is 888 IN-3, Lexington, IN 47138.

Property profile
Verified
Property type Retail properties & Spaces
Lot 2 ac (87,120 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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