19 Cotton Grove Rd - Convenience Store FOR SALE


Lexington, NC 27292- Davidson
$915,000 USD
336-314-3538
19 Cotton Grove Rd, Lexington, NC for Sale
$915,000 USD
Convenience Store - FOR SALE
1/5
null | Request Cap Rate

19 Cotton Grove Rd
Lexington, NC 27292
Davidson


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$915,000 USD

PRICE/SF

$348 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

CC

APN/PARCEL ID

11-143-0-00D-0002-0-0-0

ASK ABOUT THIS PROPERTY

Brian HuckabeeOakdale Commercial PropertiesMore Info
336-314-3538

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Brian HuckabeeOakdale Commercial PropertiesMore Info
336-314-3538

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.