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+13176639192
Luxury Keys
888 N State Road 3, Lexington, IN 47138
- $975,000
- List Price
- $975,000
- MLS#
- 22102533
- Property Type
- Land
- Days on Market
- 159
- 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.
Additional Information
- Present Zoning
- Agricultur
- Number of Lots
- 3
- 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
- 8.30
- Water
- Municipal Water Near By
- Financing
- Conventional
- Region
- Lexington
Listing courtesy of Casey Elkins. Kovener & Associates Real Esta
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.