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$250,000
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Property Description
Over $60,000 UNDER tax value! Bring all offers! Prime commercial location on a corner lot! Access from both Fairview Dr. and Cody St. This property sits on .61 acres and was used primarily as a residential home but with a little work, could be converted to office space. Huge 27 x 27 workshop that's wired and plumbed with workspace, office and a bathroom. Just minutes from I-85 and close proximity to Walmart, Lowes, Walgreens, banks, restaurants and other retailers. Convenient to downtown Lexington and High Rock Lake.
Full Property Details
Full Property Details for 1240 Fairview Dr
General
- Price: $250,000
- Status: Active
- Type: Commercial
- Source: Triad_MLS
- MLS ID: 1207353
- Updated: 3/12/2026
- Added to Site: 95 day(s) ago
Location
- County: Davidson
- Driving Directions: From I-85 take Exit # 91 then toward Lexington, stay Right at fork onto Fairview Drive, Property just past Cagney's on Left. From Main Street Lexington, take East Center St., then Right on Fairview Drive. Property #1240 on Right in a couple of miles.
- City Limits: Yes
Utilities
- Gas: Available: On-Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Year Built: 1949
Lot Features
- Lot Features: City Lot, Corner Lot
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Leonard Craver Realty Inc
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Schools
Schools serving 1240 Fairview Dr
School District:Lexington City Schools
| Name | Grades | Distance |
|---|---|---|
South Lexington School 1000 Cotton Grove Road, Lexington, NC 27292 | PK-K | 0.7 mi |
Charles England Intermediate School 111 Cornelia Street, Lexington, NC 27292 | 1-5 | 2.4 mi |
Lexington Middle School 100 West Hemstead Street, Lexington, NC 27292 | 6-8 | 3.3 mi |
Lexington Senior High School 26 Penry Street, Lexington, NC 27292 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1240 Fairview Dr
Date
Details
Price
Change
Source
3/12/2026
Price Reduced
$250,000
-10.68%
MLS
1/22/2026
Listed
$279,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1240 Fairview Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,461
—
$343,110
—
2024
$4,461
-1%
$343,110
—
2023
$4,495
95%
$343,160
—
2022
$2,304
1%
$343,160
—
2021
$2,286
-43%
$343,160
11%
2019
$4,042
—
$308,550
—
2018
$4,042
—
$308,550
—
2017
$4,042
—
$308,550
—
2016
$4,042
4%
$308,550
—
2015
$3,888
27%
$308,550
27%
2014
$3,059
—
$242,770
—
2013
$3,059
—
$242,770
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1240 Fairview Dr
1240 Fairview Drive, Lexington, NC 27292 (MLS# 1207353) is a Commercial property with 0 bedrooms and 0 full bathrooms. 1240 Fairview Drive is currently listed for $250,000 and was received on January 22, 2026. Want to learn more about 1240 Fairview Drive? Do you have questions about finding other Commercial real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

