About This Home

This land at 888 N State Road 3 in Lexington, IN is listed for $975,000 (8.30 acres).

Key Features

  • 8.30 acre lot
Listing 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, fo

od, 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.

Location

888 N State Road 3

Lexington, IN 47138

No Subdivision

Questions & Answers

This 0-bedroom, 0-bathroom land at 888 N State Road 3 is listed at $975,000. The estimated monthly payment is $5,214 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 8.30 acre lot.

This property is listed by Casey Elkins.

CE

Casey Elkins

Agent at Kovener & Associates Real Estate

Listed by Kovener & Associates Real Estate · Broker phone: (812) 565-9048 · View on Broker Site

MLS# 22102533· Source: Broker Listing Cooperative®· 167 days on PropertySimple

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888 N State Road 3, Lexington, IN 47138

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