$975,000

888 N State Road 3, Lexington IN, 47138

Price per sqft$2.60

Lot size8.6 Acres

Property typeLand

Courtesy of Kovener & Associates Real Esta, Casey Elkins Listing Contact:

Overview

Active

Listed May 15, 2026

Updated 9 days ago

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.

Additional information

MLS^® ID: 22102533

Exterior Features

Lot Size: 8.6 Acres

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