316 Center St Lexington, NC 27292

Property Details for 316 Center St

Year built

1959

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.41 lot acres

Property size

5,020 SF

Zone code

MU

Property type

Commercial real estate

APN

11-066-0-00B-0005

APU

11066000B0005

Description

This exceptional 1.21-acre property, situated at 316 E Center Street in Lexington, North Carolina, presents a compelling development opportunity for discerning investors. Located on a high-traffic corridor, this parcel boasts a prime location near the vibrant Uptown Lexington and the Depot District, ensuring excellent visibility and accessibility. The property is zoned for mixed-use development, offering considerable flexibility for a range of commercial ventures. This allows for creative and diverse project planning, catering to a variety of business needs and maximizing potential returns. The strategic location within Lexington's thriving commercial landscape promises strong tenant demand and significant appreciation potential. The 1.21-acre lot size (per tax records) provides ample space for a substantial development project, allowing for expansive building plans and ample parking. This is a rare opportunity to acquire a strategically positioned property in a rapidly growing area, offering significant upside for the right developer. The asking price for this exceptional development site is $549,000. Serious inquiries are encouraged to explore the full potential of this remarkable property. Act quickly, as opportunities like this are seldom available.

Location Insight

City

Lexington

County

Davidson

State

North Carolina

Longitude

-80.248

Latitude

35.8201

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments