Us Highway 64 Lexington, NC 27292
- Commercial real estate
- 5.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Us Highway 64
- Lot size
- 5.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional five-acre parcel, located at 0 E US Highway 64 in Lexington, NC, presents a unique investment opportunity. Priced at $375,000, the property is zoned for commercial or light industrial uses, making it ideal for a variety of businesses. Its versatile nature also lends itself perfectly to the development of storage units, catering to the growing demand for self-storage solutions in the area. The property boasts convenient access to essential utilities, including city of Lexington gas and electric services, as well as Davidson Water. While the exact square footage of the land is not currently specified, the five-acre lot size offers ample space for development and expansion. Prospective buyers should note that the land acreage is subject to a survey, ensuring accurate measurements prior to any purchase. This prime location on US Highway 64 provides excellent visibility and accessibility, making it an attractive proposition for entrepreneurs and investors seeking a strategic foothold in the Lexington market. The property's versatility, coupled with its strategic location and readily available utilities, positions it as a highly desirable asset with significant potential for future growth and profitability. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.
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
- -80.2333
- Latitude
- 35.8308
