888 N State Rd 3 Lexington, IN $ 975,000
888 N State Rd 3
$ 975,000
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888 N State Rd 3

Lexington, IN, 47138
$ 975,000
Baths0.0

Monthly Estimate*

$ 6,003

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Studio

Lots and Land for sale in Lexington, IN

for $975,000. The lot size is 8.626.

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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Lots and Land Active

Price

$ 975,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,042

Style

Unimproved Land

Lot Size

8.626

Town/City

Lexington

County/Region

Scott

MLS | Web ID

22084732

Features
General
Sewer Not Applicable
Possession Closing
Development Status Not Applicable
Zoning Commercial
Topography Cleared
Township Lexington
Property Subtype Unimproved Land
Tax Year 2024
Current Use Vacant
Additional Parcels Description 72-06-17-200-029.000-005
County Scott
New Construction N
Property Type Land
Subdivision Name No Subdivision
Other Structures Not Applicable
Status Active
Directions GPS Friendly
High School Scottsburg Senior High School
City Lexington
High School District Scott County School District 2
MLS Area 7205 - Scott - Lexington
Lot Size Square Feet 375748.56
Current Financing Conventional
Middle/Junior High School Scottsburg Middle School
Additional Parcels Y/N Y
Standard Status Active
Tax Lot 17
Legal Description NWQR & NW1/4 NEQR 17-3-8 8.3A WATERSHED and NE1/4 NWQR 17-3-8 .326A WATERSHED
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Exterior
Lot Size Acres 8.626
Road Surface Type Asphalt
Road Frontage Type Highway
Number of Lots 2
Horse Amenities None
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* Excluded Features
List By
Kovener & Associates Real Esta

Broker

tamarab1645@gmail.com

Email

Affordability Calculator

$6,173
Per Month
97%
3%
0%
Monthly Principal & Interest
$6,003
Monthly Property Taxes
$170
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
4050346 Elementary School
4161322 Middle School
Scottsburg Senior High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$975,000 Listed Price

Map


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888 N State Rd 3, Lexington, IN, 47138 is a Lots and Land for sale at $975,000 with a lot size of 8.626. 888 N State Rd 3 is a studio with 0.0 baths. The property's zip code is 47138 which is in Lexington, IN