For Sale
$160,000

506 Poplar St Lexington, NC 27292

Prime Lexington location, four lots included, high potential.

Overview

Added:
Feb 3
Days on market:
84
This exceptional investment opportunity encompasses four contiguous lots totaling half an acre, strategically positioned at the intersection of MLK Jr. Boulevard and Poplar Street in Lexington, North Carolina. The property's address is 506 Poplar Street. The legal descriptions of the additional three parcels are 1103500000072A, 1103500000072, and 1103500000072B. The existing structure on the property is considered to have no value and is not factored into the asking price of $160,000. This presents a unique chance to acquire a significant land holding in a desirable location with considerable redevelopment potential. The high-traffic intersection provides excellent visibility and accessibility, making it ideal for a variety of commercial ventures. Investors will appreciate the potential for future development and the strategic location within Lexington's thriving commercial landscape. The combined acreage offers ample space for various projects, from new construction to expansion of existing businesses. This is a rare opportunity to acquire a substantial land parcel in a prime location at a competitive price. Serious inquiries are encouraged to explore the possibilities this property offers. The property is being sold as-is.

Property Details for 506 Poplar St

Property type
Investment properties
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Lexington
County
Davidson
State
North Carolina
Latitude
35.82659
Longitude
-80.24439

FAQs

What type of property is this?
Investment property - Prime Lexington location, four lots included, high potential.
Where is the investment property located?
The property is located at 506 Poplar St Lexington, NC.
What is the asking price?
The asking price for this property is $160,000.
How can I contact the broker?
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506 Poplar St
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