INNOVATE Real Estate
Retail at Lexington
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20 photos

$159,900

Lexington, NC 27292
Listed by Chris Amburn · John Christian Luxury Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1945

About this home

Excellent commercial opportunity on approximately 0.78 acres with over 500 feet of frontage on NC Highway 8! This property is zoned HCCU (Highway Commercial Conditional Use) with the approved conditional use being an automobile sales lot. Improvements include a former retail building and two mobile homes, all conveying with the sale. Any use other than the currently approved conditional use, including other commercial or residential uses, will require approval through the Davidson County zoning process. Buyers are strongly encouraged to verify zoning, permitted uses, utility availability, development requirements, and any intended use with Davidson County prior to making an offer. No septic records are on file with the county. Two storage transfer trailers do not convey. Outstanding visibility, easy access, and tremendous potential for investment or future redevelopment, subject to governmental approvals.

Property details

MLS #
CAR4399086
Property type
Retail
Subdivision
N/A
Status
Active
Days on market
1
On market date
June 30, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Southwood Elementary
1.83 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
585
Student:teacher ratio
14.6:1
District
Davidson County Schools
Middle
Central Davidson Middle
3.42 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
715
Student:teacher ratio
16.6:1
District
Davidson County Schools
High
Central Davidson High
3.45 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
894
Student:teacher ratio
16.9:1
District
Davidson County Schools

Walkability

Blended score for Lexington's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

13
Very car-dependent
out of 100
EPA National Walkability Index
4.3 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Mortgage calculator

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Est. monthly payment
$1,113/mo
$31,980 down
$127,920 loan
Principal & interest$830
Property tax (est.)$133
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated July 1, 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.