# 888 N State Road 3, Lexington, IN 47138 > **TL;DR:** land, $975,000. Est. $5,214/mo. Listed 172 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $975,000 | | Lot Size | 361,548 sqft (8.30 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 172 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,930 | | Estimated Insurance | $284 | | **Total** | **$5,214** | ## Nearby Schools - **Middle:** Scottsburg Middle School - **High:** Scottsburg Senior High School ## Property Highlights - 8.30 acre lot ## Description ### Agent 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. ## Location - **Address:** 888 N State Road 3, Lexington, IN 47138 - **County:** Scott - **Neighborhood:** No Subdivision - **Coordinates:** 38.706138, -85.655649 - **Google Maps:** https://www.google.com/maps?q=38.706138,-85.655649 ## Listing Agent - **Name:** Casey Elkins - **Brokerage:** Kovener & Associates Real Estate - **Broker Phone:** (812) 565-9048 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/888-N-State-Road-3_Lexington_IN_47138_M95523-86314?f=listhub&s=MIBORIN&m=22102533&c=propsimple) ## Photos ![888 N State Road 3 - Photo 1](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f1251936644r.jpg) ![888 N State Road 3 - Photo 2](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f3532817088r.jpg) ![888 N State Road 3 - Photo 3](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f4240318482r.jpg) ![888 N State Road 3 - Photo 4](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f168462702r.jpg) ![888 N State Road 3 - Photo 5](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f3769060598r.jpg) ![888 N State Road 3 - Photo 6](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f1419787102r.jpg) ![888 N State Road 3 - Photo 7](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f162211619r.jpg) ![888 N State Road 3 - Photo 8](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f1050289400r.jpg) ![888 N State Road 3 - Photo 9](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f3967807469r.jpg) ![888 N State Road 3 - Photo 10](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f3027690428r.jpg) ![888 N State Road 3 - Photo 11](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f137166337r.jpg) ![888 N State Road 3 - Photo 12](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f3230376610r.jpg) ![888 N State Road 3 - Photo 13](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f4196256658r.jpg) ![888 N State Road 3 - Photo 14](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f3819219652r.jpg) ![888 N State Road 3 - Photo 15](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f2952189488r.jpg) ![888 N State Road 3 - Photo 16](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f2786277698r.jpg) ![888 N State Road 3 - Photo 17](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f3888479413r.jpg) ![888 N State Road 3 - Photo 18](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f1002067260r.jpg) ![888 N State Road 3 - Photo 19](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f2773872563r.jpg) ![888 N State Road 3 - Photo 20](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f2749526578r.jpg) ![888 N State Road 3 - Photo 21](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f2465927620r.jpg) ![888 N State Road 3 - Photo 22](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f1861422234r.jpg) ![888 N State Road 3 - Photo 23](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f4246875482r.jpg) ![888 N State Road 3 - Photo 24](http://lh.rdcpix.com/733f7595778b11be645d57f019b2a6c5l-f3917570085r.jpg) --- **MLS#:** 22102533 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/888-n-state-road-3-lexington-in-47138-c18a6b35a39140c99a2fb7c2ee959b35) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/888-n-state-road-3-lexington-in-47138-c18a6b35a39140c99a2fb7c2ee959b35#listing", "url": "https://www.propertysimple.ai/listing/888-n-state-road-3-lexington-in-47138-c18a6b35a39140c99a2fb7c2ee959b35", "name": "888 N State Road 3, 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. 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