248 Pinecrest Dr Lexington, NC 27295

Prime opportunity to build a duplex or investment property in Lexington’s RM-1 zoning district. This .67-acre lot has already been perk tested and approved for a conventional septic system, providing peace of mind and faster permitting for your project. This approval can save tens of thousands of dollars compared to many nearby properties that do not allow for a conventional septic system, significantly reducing development costs upfront.

The lot features a gentle 5–10% slope, making it ideal for construction, along with public water access and a wooded setting that offers privacy while still being close to town. The property fronts a paved road, with electric available nearby, allowing for an easier and more cost-effective build. Road access and utilities make this parcel well-suited for both immediate development and long-term investment.

Conveniently located just a few minutes from the highway and the City of Lexington, NC, this property offers excellent accessibility while maintaining a quieter, residential feel. Lexington provides a wide range of amenities including grocery stores, shopping centers, restaurants, and everyday conveniences, making this an attractive location for future residents and tenants.

The RM-1 zoning allows for duplex or small multi-family development, and rentals are permitted, making this an excellent opportunity for investors seeking long-term rental income or builders looking to create an income-producing property. Single-family homes must have a minimum of 1,100 square feet of heated living area, while multi-family residences require at least 700 square feet per unit. Mobile homes are not permitted, helping maintain neighborhood standards and property values.

This property is also listed on the MLS and is being professionally coordinated with a licensed realtor.

Cash purchase only. No seller financing available.