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Land for Sale in Lexington, Indiana

888 N State Road 3, Lexington, IN 47138

$975,000
8.6 acres
Active sale
Est $7,187/mo

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.

Location

Street address
888 N State Road 3
Zip code
47138
School district
Scott County School District 2
Elevation
646 feet
Coordinates
38.7061, -85.6556

Property details

Acreage
8.6 acres
Zoning
Currently Agricultural
MLS #
MIBOR 22102533
Posted

Parcels

  • 720617500005000005

Legal description

Details and features

Listing

Type
Land

Structure

Sewer
Septic Needed

Nearby schools

NameTypeDistrict
Scottsburg Middle SchoolMiddleScott County School District 2
Scottsburg Senior High SchoolHighScott County School District 2

Listing history

DateEventPriceChangeSource
July 9, 2026New listing$975,000MIBOR
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This 8.6-acre property is located at 888 N State Road 3 in Lexington, IN 47138. The land is available for sale, priced at $975,000 — $113,372 per acre.

Listed by Kovener & Associates Real Esta, (812) 565-9048

Checked 1 hour agoUpdated Source

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