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$400,000

Lexington, NC 27292
Bedrooms
Bathrooms
Living area
Year built

About this home

Rare development opportunity in the heart of Lexington! This .98-acre parcel offers valuable Main Street frontage and exceptional potential for both residential and commercial uses. The seller has already completed conceptual plans for a 10-unit townhome community that is approved and shovel ready. This provides a strong head start for builders or investors and those plans can convey with an acceptable offer. Draft plan is also in place for a 14-unit tiny home development have also been conceptualized and has received initial pre-approval With high visibility, convenient access, and a central location near local businesses, dining, and major roadways, this site is well-suited for a variety of development strategies. Whether you’re envisioning a residential project, mixed-use concept, or alternative housing community, this property offers flexibility and exposure! Opportunities like this with Main Street frontage are increasingly rare, bring your vision and explore the possibilities!

Property details

MLS #
CAR4336133
Property type
Lot
Subdivision
Status
Active
Days on market
28
On market date
Stories
Garage spaces
Lot size
Listed by
Rory Cummins · EXP Realty LLC Ballantyne

Data source: Listing information provided by carolina via Trestle/CoreLogic. Last updated February 27, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.

— $400,000 | INNOVATE Real Estate