888 N State Road 3,Lexington, IN 47138
Lexington, IN 47138
Description
Prime development opportunity in a high-traffic rural corridor with an unmet demand for commercial services! This 8-acre tract offers a rare "clean slate" for developers and investors looking to fill a major gap in the market. Located along State Road 3, this property benefits from strong pass-through traffic with limited nearby options for gas, food, or retail - the closest amenities are 15+ minutes away, creating a built-in customer base and everyday demand. This location is ideal for a convenience store, gas station, retail center, or quick-service restaurant to serve local residents, commuters, and travelers who currently have no nearby options. The surrounding rural community presents a unique opportunity for a high-visibility commercial hub where competition is minimal and need is high. With approximately 8 acres of level, usable land, there is flexibility for multiple layouts, future expansion, or phased development. Whether you're a seasoned developer or an investor seeking your next growth project, this property offers location, traffic exposure, and market demand - the trifecta for long-term commercial success. Don't miss your chance to secure a strategic footprint in an underserved area with strong development potential. Also listed as Parcel C- 2 Acre Tract- MLS Listing #:2026011029.
Details
| MLS # | 202608371 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 125 |
| Listing Provided By | Kovener & Associates Real Esta | Casey Elkins |
Features
| Zoning | Agriculture,Commercial |
|---|---|
| Acreage | 8.30 |
Taxes
| Tax Annual Amount | 1533 |
|---|
Area Information
| State | IN |
|---|---|
| County | Scott |
| City | Lexington |
| Zip Code | 47138 |
| Listing VS Median (in 47138) | |
Price: $975,000 low | high Med: $315,000 On site: 125 low | high Med: 17 | |
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Learn More About This Property
| State | IN |
|---|---|
| County | Scott |
| City | Lexington |
| Zip Code | 47138 |
| Listing VS Median (in 47138) | |
Price: $975,000 low | high Med: $315,000 On site: 125 low | high Med: 17 | |
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