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Investment Highlights

  • Former convenience store site with existing paved parking lot.
  • Underground storage tanks removed with NFA letters available.
  • High visibility location with traffic counts between 3,000 and 12,000 vehicles per day.

Executive Summary

This retail property offers a unique opportunity in Lexington’s established commercial corridor. Positioned on a ±0.56-acre lot with a 2,633 SF building, the site benefits from strong visibility and steady traffic counts ranging from 3,000 to 12,000 vehicles per day. The property was formerly a convenience store and includes an existing concrete parking lot, providing immediate functionality for a variety of retail or service uses.
Located near major Lexington corridors, the site ensures convenient access for customers and employees. Underground storage tanks have been removed, and NFA (No Further Action) letters are available, reducing environmental concerns for future owners. The property’s B (Commercial) zoning allows for flexible redevelopment options, making it suitable for investors or owner-users seeking a well-located asset with long-term potential.
With its prominent frontage and proximity to Lexington’s retail and service hubs, this property is positioned to capture consistent consumer traffic and support a range of business concepts.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,633 SF
Building Class
C
Year Built
2025
Price
$915,000
Price Per SF
$347.51
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.56 AC
Zoning
CC - Commercial
Parking
8 Spaces (8.37 Spaces per 1,000 SF Leased)
Frontage
155’ on Cotton Grove Rd

Amenities

  • Pylon Sign
  • Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

CrossFit
Compare Foods
Rent-A-Center
Bank OZK
Truist

Property Taxes

Property Taxes

Parcel Number
11-143-0-00D-0002-0-0-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$741,560
  • Listing ID: 39763351

  • Date on Market: 3/13/2026

  • Last Updated:

  • Address: 19 Cotton Grove Rd, Lexington, NC 27292

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