3319 E US Highway 64 Highway
Lexington, NC, 27292 $ 4,200,000
Bedrooms-- Baths0.0 Monthly Estimate*
$ 29,008
for $4,200,000. The lot size is 37.83.
Strategic Development Opportunity in Davidson County 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.
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FeaturesGeneralSewer Public Sewer Tap Fee Required Other - See Remarks
Utilities Other - See Remarks
Zoning CS
Property Subtype Unimproved Commercial
Parcel Number 05-016-0-000-0109-0-0-0
County Davidson
Property Type Land
HOA N
Possible Use Commercial Development
High School Unspecified
City Lexington
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N N
Lease Considered Y/N N
Virtual Tour https://listings.lighthousevisuals.com/sites/3319-e-us-hwy-64-lexington-nc-27292-25343059/branded https://listings.lighthousevisuals.com/sites/3319-e-us-hwy-64-lexington-nc-27292-25343059/branded
Standard Status Active
Restrictions No Restrictions
Tax Assessed Value 4388280
Listing Terms Cash Conventional
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ExteriorLot Features Corner Lot Creek/Stream Wooded
Water Source Public Tap Fee Required Other - See Remarks
Lot Size Area 37.83
Road Surface Type Paved
Road Frontage Type 4 Lane Highway Interstate 1 mile or Less Interstate Highway
Road Responsibility Publicly Maintained Road
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InteriorBelow Grade Finished Area 0
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* Excluded FeaturesList ByLantern Realty & Development, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $29,008
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Lexington, NC
Average List Price $266,751
Percent of Sale Price 94%
About Lexington, NC 18,909 Population
-5% Since 2002
$ 29,296 Median Income
38.67 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/1/2026 | $4,200,000 | | Listed Price |