3639 Us Highway 64 Lexington, NC 27292
This exceptional 16-acre parcel presents a remarkable opportunity for retail development in the thriving Lexington, NC market. Boasting approximately 500 feet of road frontage along US Highway 64, this property offers significant visibility and accessibility for any commercial venture. The potential road frontage could increase to 730 feet with the acquisition of an adjacent site (sold separately). The land is largely cleared and level, minimizing site preparation costs and expediting the development process. Its expansive size allows for a variety of development options, from a single large-scale retail building to a multi-tenant complex. The strategic location on a major highway ensures high traffic volume and exposure to a substantial customer base. This property is ideally suited for businesses seeking a prominent presence in a growing community. The significant acreage and prime location make this a rare and highly desirable investment opportunity. Serious inquiries are encouraged to explore the full potential of this exceptional retail land offering. The asking price reflects the significant value and development potential inherent in this property. This is a chance to secure a substantial foothold in a dynamic and expanding market. Don't miss this chance to acquire a premier retail site in Lexington, NC.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.