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- LoopNet Team
313 Railroad Street
Lexington, NC 27292
Depot District Site · Land For Sale
·
2.16 AC
INVESTMENT HIGHLIGHTS
- Depot District - Future Site of Lexington Passenger Rail Station
- Within 15 minute drive of several major employers
- Within walking distance of historic Uptown Lexington
PROPERTY FACTS
| Property Type | Land | Proposed Use | Mixed Use |
| Property Subtype | Commercial | Total Lot Size | 2.16 AC |
| Zoning | Depot District - Transit-oriented redevelopment district | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 2.16 AC |
| Zoning | Depot District - Transit-oriented redevelopment district |
DESCRIPTION
The site is situated in the heart of the Depot District, encompassing approximately 2.16 acres bound by South Salisbury Street, East 4th Avenue, South Railroad Street and East 5th Avenue and is formerly the site of the Lexington Home Brands showroom and offices. (313 S. Railroad Street, Davidson County Tax Parcel # 11078000F0009A.) Two of the three original buildings have been demolished and cleared. One building remains, which does contain asbestos siding. (See cover photos.) The site is protected and incentivized by a Brownfield Agreement (attached) and is within the Lexington Historic Industrial District listed in the National Register of Historic Places. It is not within a local historic district. It is also adjacent to a federally funded project to build a passenger rail station and develop a grade separation at 5th Avenue.
PROPERTY TAXES
| Parcel Number | 11-063-0-00B-0003-0-0-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $8,000 |
PROPERTY TAXES
