888 N State Road 3, Lexington, IN 47138
- $975,000
- List Price
- $975,000
- MLS#
- 22102533
- Property Type
- Land
- Days on Market
- 75
- Status
- ACTIVE
Property 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.
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Additional Information
- Present Zoning
- Agricultur
- Land Characteristics
- Rural Not in Subdivision
- Topography
- See Remarks
- Soil Type
- Other
- Development Status
- Plat Designed, Zoning Change Required
- Facilities on Site
- Not Applicable
- Facilities near Site
- Cable, Electric, Telephone, Water
- Water
- Municipal Water Near By
- Sewer
- Septic Needed
- Road Access
- County Rd
- Road Frontage
- State Road
- Road Surface
- Asphalt
- Acres
- 8.60
- Water
- Municipal Water Near By
- Region
- Lexington
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Listing courtesy of Kovener & Associates Real Esta.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative