1902 Cotton Grove Rd Lexington, NC 27292
- Land
- 0.84 lot acres
Current Use by Public Records
- Land
Property Details for 1902 Cotton Grove Rd
- Lot size
- 0.84 lot acres
- Property type
- Land
Description
This exceptional 0.84-acre commercial land parcel presents a prime opportunity for retail development in Lexington, North Carolina. Located at 1902 Cotton Grove Road, this property boasts an enviable location with an average daily traffic count exceeding 20,000 vehicles, ensuring high visibility and accessibility for any business. Ideal for quick-service restaurants (QSRs) or other retail establishments, this lot is ready for immediate development. The property's significant advantage lies in the already installed city water and sewer tap, eliminating a crucial hurdle and accelerating the construction process. Situated in Davidson County, North Carolina, with a zip code of 27292, this strategically positioned land offers unparalleled potential for growth and return on investment. The asking price is $225,000. This is a rare opportunity to acquire a well-located, fully serviced commercial lot in a thriving area. Don't miss out on this chance to establish your business in a high-traffic, convenient location.
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
- -80.2593
- Latitude
- 35.773
