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0 MARTIN LUTHER KING JR BV
Lexington, NC 27292
Asking Price
$550K
Asset Type
Residential Land
Class
Class B
What's Special
Vacant lot on corner of Holly Grove Rd and MARTIN LUTHER KING JR BV <p><strong>Investment Highlights</strong></p><p>• 3.69 Acres ±</p><p>• Corner lot with excellent visibility</p><p>• Commercial rezoning in progress</p><p>• Mostly flat, development-ready topography</p><p>• Ideal for gas station, convenience store, restaurant, or retail development</p><p>• Located in a growing area of Lexington, NC</p>
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NOI
$80,000
Cap Rate
14.55%
DSCR
2.45
Strong
Cash-on-Cash
28.70%
Monthly Payment
$2,721.1
Annual Cash Flow
$47,346.801
