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    1240 Fairview Dr Lexington, NC 27292
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    Property profile & analytics

    1240 Fairview Dr, Lexington, NC 27292

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    • Retail space
    • 1,900 SF
    • 0.60 lot acres
    Commercial Corner Lot with Workshop For Sale
    $250,000
    0.61 Acres

    Commercial Corner Lot with Workshop

    Commercial lot with workshop, convenient location near I-85.

    1240 Fairview Drive, Lexington, NC 27292
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    Property ID
    US53-0232619
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 1240 Fairview Dr

    Year built
    1949
    Lot size
    0.60 lot acres
    Property type
    Retail space
    Property subtype
    Storefront properties

    Description

    This versatile 1,900 square foot commercial property, located at 1240 Fairview Drive in Lexington, NC 27292, presents a significant investment opportunity. Situated on a desirable 0.6-acre corner lot, this property offers exceptional access from both Fairview Drive and Cody Street, providing high visibility and convenient access. Built in 1949, the building currently features a substantial 27 x 27 foot workshop, complete with wiring, plumbing, workspace, an office, and a bathroom. Zoned Commercial B, this property boasts immense potential for a variety of uses, including but not limited to: auto shop, restaurant, storefront, office space (insurance, medical, real estate), car lot, or even redevelopment for a new franchise or retail building. Its prime location offers easy access to I-85 and is in close proximity to major retailers such as Walmart, Lowe's, and Walgreens, as well as banks and other restaurants. The property's proximity to High Rock Lake and downtown Lexington further enhances its appeal. The asking price is $329,900, translating to $173.63 per square foot. This is a rare opportunity to acquire a well-located commercial property with significant upside potential.


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    Location Insight

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    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.259965601297
    Latitude
    35.787121714203
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    More about this property
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