$299,000
$101K PRICE DROP

1240 Fairview Dr Lexington, NC 27292

Estimated payment $2,028/month

Total Views 14,621
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Prime Location and a Corner Lot! Tons of potential with various business uses. Access from both Fairview Dr and Cody St. Zoned Commercial B, this property sits on approx .61 acres and has been used as residential but could easily be converted to office space for insurance company, Real Estate office, doctor's office, car lot, etc. or clear the land and build a franchise or retail building. Huge 27 x 27 workshop that's wired and plumbed with workspace, office and bathroom. Has entrances on both Fairview Drive and Cody Street. Just seconds away from I-85 and close proximity to Walmart, Lowes, Walgreens, banks, restaurants and other retailers. Convenient to High Rock Lake and downtown Lexington.

Listing Agent

Jackie Helton

Leonard Craver Realty Inc License #269317 Listed on: 02/22/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,461

Year Built

  • Built in 1949

Lot Details

  • Corner Lot

Community Details

  • No Home Owners Association
  • 1,900 Sq Ft Building

Listing and Financial Details

  • Tax Lot 0074
  • Assessor Parcel Number 11347B0000074000

Property Details

Property Type

Other

Est. Annual Taxes

$4,461

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Investment
  • Prop. Type: Commercial
  • Directions: From Main Street Lexington, Take East Center Street, then Right on Fairview Drive @ CVS, Property on Right just before Cagney's Restraunt. Property address 1240
  • Year Built: 1949
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_LandDescription: Corner
  • Special Features: None

Exterior Features

  • Lot Features: City Lot, Corner Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Gas Company: Available: On-Site

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 11347B0000074000
  • Zoning: B

Tax Info

  • Tax Block: 000
  • Tax Lot: 0074
  • Tax Map Number: 347

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,461 $343,110 $0 $0
2023 $4,495 $343,160 $0 $0
2022 $2,286 $343,160 $0 $0
2021 $2,286 $343,160 $0 $0
2020 $3,981 $308,550 $0 $0
2019 $4,042 $308,550 $0 $0
2018 $4,042 $308,550 $0 $0
2017 $4,042 $308,550 $0 $0
2016 $4,042 $308,550 $0 $0
2015 $3,888 $308,550 $0 $0
2014 $3,059 $242,770 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 For Sale $299,000 0.0% --
03/06/2025 03/06/25 For Sale $299,000 0.0% $177 / Sq Ft
02/28/2025 02/28/25 Off Market $299,000 -- --
02/28/2025 02/28/25 Off Market $299,000 -- --
01/08/2025 01/08/25 For Sale $299,000 0.0% --
01/08/2025 01/08/25 For Sale $299,000 0.0% $177 / Sq Ft
12/31/2024 12/31/24 Off Market $299,000 -- --
12/31/2024 12/31/24 Off Market $299,000 -- --
11/12/2024 11/12/24 Price Changed $299,000 0.0% --
11/12/2024 11/12/24 Price Changed $299,000 -6.5% $177 / Sq Ft
10/15/2024 10/15/24 Price Changed $319,900 0.0% $190 / Sq Ft
10/15/2024 10/15/24 Price Changed $319,900 -3.0% --
08/28/2024 08/28/24 For Sale $329,900 -5.7% --
08/28/2024 08/28/24 For Sale $349,900 0.0% $208 / Sq Ft
08/01/2024 08/01/24 Off Market $349,900 -- --
08/01/2024 08/01/24 Off Market $329,900 -- --
07/11/2024 07/11/24 For Sale $349,900 +6.1% $208 / Sq Ft
06/12/2024 06/12/24 Price Changed $329,900 -5.7% --
05/03/2024 05/03/24 For Sale $349,900 0.0% --
05/01/2024 05/01/24 Off Market $349,900 -- --
03/05/2024 03/05/24 For Sale $349,900 0.0% --
02/22/2024 02/22/24 Off Market $349,900 -- --
01/02/2024 01/02/24 Price Changed $349,900 -7.9% --
08/16/2023 08/16/23 Price Changed $379,900 0.0% --
08/16/2023 08/16/23 For Sale $379,900 -5.0% --
08/15/2023 08/15/23 Off Market $399,900 -- --
02/22/2023 02/22/23 For Sale $399,900 -- --
Source: Triad MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Source: Triad MLS

MLS Number: 1097454

Triad MLS

APN: 11-347-B-000-0074-0-0-0