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33231908
33231929

3319 E US HWY 64, LEXINGTON, NC 27292

CP
NC NC 279213, SC SC 95788
Lantern Realty and Development
Listed by Lantern Realty and Development
$4,200,000
7 days on market
Updated 7 days ago

3319 E US HWY 64 LEXINGTON NC 27292

Details
APN 6745-04-92-0772
Property Type Land
Sub Type Commercial
Lot Size (SqFt) 1,673,213
Zoning CS - Community Shopping
Investment Type Owner/User

i-85 Land Ready for Development

Marketing description

Exceptional opportunity to acquire approximately 38 acres of raw, undeveloped land strategically positioned along the highly traveled Highway 64 corridor in Lexington, North Carolina. Offering excellent visibility, accessibility, and future development potential, this expansive tract is ideally suited for investors, developers, owner-users, or land banking opportunities.

The property’s central location within Davidson County provides convenient access to Lexington, Asheboro, Greensboro, Winston-Salem, and the broader Piedmont Triad region, making it attractive for a variety of potential uses including residential development, industrial, logistics, agricultural, recreational, or mixed-use projects, subject to zoning and approvals.

Large contiguous tracts with highway frontage are becoming increasingly scarce in this growing market, creating strong long-term upside potential. The site offers a favorable setting for phased development, a private estate, commercial expansion, or future investment hold strategy.

Property Highlights:

  • ±38 acres of undeveloped land
  • Frontage along E Highway 64
  • Excellent access and visibility
  • Convenient to the Piedmont Triad region
  • Flexible future development potential
  • Strong long-term investment opportunity
  • Growing Davidson County market

Located in one of North Carolina’s expanding growth corridors, this property presents a rare opportunity to secure substantial acreage with exceptional future potential.Retail

Investment highlights

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. (en.wikipedia.org)

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 residential, industrial, logistics, recreational, or mixed-use projects.

Listing Contacts

CP
NC NC 279213, SC SC 95788
Lantern Realty and Development
Listed by Lantern Realty and Development

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Additional Information

Name
Chris Puckett
License
NC 279213
Brokerage Phone
7042985872
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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