3638 Us Highway 64 Lexington, NC 27292
- Land
- 16.00 lot acres
Current Use by Public Records
- Land
Property Details for 3638 Us Highway 64
- Lot size
- 16.00 lot acres
- Property type
- Land
Description
This exceptional 16-acre commercial land parcel presents a compelling investment opportunity in Lexington, North Carolina. Strategically located near the intersection of I-85 and Highway 64, this property boasts approximately 500 feet of road frontage, offering significant visibility and accessibility. The land is largely cleared and relatively level, minimizing site preparation costs and expediting development. The expansive acreage allows for a wide range of commercial uses, from retail and industrial to hospitality and more. The seller is motivated and open to negotiations, making this a particularly attractive proposition for discerning buyers. The property's prime location, combined with its size and readily developable nature, positions it for substantial future growth and return on investment. With the potential for an even larger footprint (up to 730 feet of road frontage) through the acquisition of an adjacent site, this property offers exceptional flexibility and scalability. The asking price is $2,500,000. This is a rare opportunity to secure a significant commercial land holding in a thriving North Carolina market. The property is situated at 3638 US Hwy 64, Lexington, NC 27292.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Davidson
- State
- North Carolina
- Longitude
- -80.1781
- Latitude
- 35.8075
