37.83 Acres Lot
37.83 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4386782
Lot Size 37.830 Acres
Acres 37.83
Property Sub-Type Unimproved Commercial
Property Description
Located along the Highway 64 corridor in Lexington, North Carolina, this ±38-acre tract presents a compelling opportunity for investors, developers, and owner-users seeking a large-scale land position in one of the Triad's growing secondary markets. The property offers strong accessibility, flexible future development potential, and proximity to major regional employment and transportation corridors.
Property Highlights:
* ±38 Acres of Raw, Undeveloped Land with significant potential under current zoning for retail, shopping, medical, entertainment, storage, or mixed-use development.
* Excellent Highway Access with frontage and visibility along E Highway 64, providing direct connectivity to Lexington, Asheboro, and the greater Piedmont Triad region.
* Strategic Central Location between Charlotte, Greensboro, and Winston-Salem markets.
* Development Flexibility suitable for a wide variety of future uses subject to zoning and municipal approvals.
* Growing Regional Demand driven by continued population growth and industrial expansion throughout Davidson County and surrounding Triad communities.
* Strong Long-Term Appreciation Potential in an expanding logistics and manufacturing corridor.
* Large Contiguous Acreage increasingly difficult to find in Davidson County, creating scarcity value for future development.
* Favorable Topography & Scale offering efficient site planning opportunities for phased development or a single-user campus concept.
* Opportunity Zone for Investors Seeking Land Banking or Future Entitlement Upside.
Location Advantages:
* Convenient access to US Highway 64, a key east-west transportation corridor.
* Within driving distance of major regional employers, manufacturing hubs, and distribution centers.
* Accessible to the broader Piedmont Triad region, including:
- Greensboro
- Winston-Salem
- High Point
- Asheboro
- Salisbury
* Positioned within Davidson County, an area experiencing continued residential and commercial growth. Davidson County's population is estimated at more than 180,000 residents and continues to expand within the greater Triad region.
Investment Potential:
This property offers investors the opportunity to acquire a sizable land tract with long-term upside in a market benefiting from continued infrastructure investment, industrial growth, and regional migration trends. The combination of highway access, development scale, and location within the expanding Triad corridor positions the site as an attractive candidate for future retail, office, restaurant, medical, storage, recreational, or mixed-use projects.
Location
State NC
County Davidson
Zoning CS
Exterior
Utilities Available Other - See Remarks
Street Surface Paved
Building
Lot Description Corner Lot, Creek/Stream, Wooded
Sewer Public Sewer, Tap Fee Required, Other - See Remarks
Water Public, Tap Fee Required, Other - See Remarks
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Senior Community false
Restrictions No Restrictions
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://listings.lighthousevisuals.com/sites/3319-e-us-hwy-64-lexington-nc-27292-25343059/branded
Nearby Locations
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