
Land for Sale in Lexington, Indiana
888 N State Road 3, Lexington, IN 47138
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
- County
- Scott County
- Zip code
- 47138
- School district
- Scott County School District 2
- Elevation
- 646 feet
Property details
- Acreage
- 8.6 acres
- Zoning
- Currently Agricultural
- MLS #
- MIBOR 22102533
- Posted
Parcels
- 720617500005000005
Legal description
NWQR & NW1/4 NEQR 17-3-8 8.3A WATERSHED and NE1/4 NWQR 17-3-8 .326A WATERSHED
Details and features
Listing
- Type
- Land
Structure
- Sewer
- Septic Needed
Nearby schools
| Name | Type | District |
|---|---|---|
| Scottsburg Middle School | Middle | Scott County School District 2 |
| Scottsburg Senior High School | High | Scott County School District 2 |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 9, 2026 | New listing | $975,000 | — | MIBOR |
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