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$400,000 Just Listed
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Property Description
Rare development opportunity in the heart of Lexington! This .98-acre parcel offers valuable Main Street frontage and exceptional potential for both residential and commercial uses. The seller has already completed conceptual plans for a 10-unit townhome community that is approved and shovel ready. This provides a strong head start for builders or investors and those plans can convey with an acceptable offer. Draft plan is also in place for a 14-unit tiny home development have also been conceptualized and has received initial pre-approval With high visibility, convenient access, and a central location near local businesses, dining, and major roadways, this site is well-suited for a variety of development strategies. Whether you're envisioning a residential project, mixed-use concept, or alternative housing community, this property offers flexibility and exposure! Opportunities like this with Main Street frontage are increasingly rare, bring your vision and explore the possibilities!
Full Property Details
Full Property Details for 511 S Main St
General
- Price: $400,000
- Status: Active
- Type: Lots/Land
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4336133
- Updated: 1/30/2026
- Added to Site: 6 day(s) ago
Location
- County: Davidson
Utilities
- Sewer: Public Sewer
- Water: City
Lot Features
- Street/Road Desc.: Paved
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: No Representation
- Property ID: 11-113-0-00K-0001-B-0-0
- Lot Number: 2552-1295
Listed by EXP Realty LLC Ballantyne
Get Pre-Approved Today
Schools
Schools serving 511 S Main St
School District:Lexington City Schools
| Name | Grades | Distance |
|---|---|---|
Charles England Intermediate School 111 Cornelia Street, Lexington, NC 27292 | 1-5 | 1.1 mi |
South Lexington School 1000 Cotton Grove Road, Lexington, NC 27292 | PK-K | 1.5 mi |
Lexington Middle School 100 West Hemstead Street, Lexington, NC 27292 | 6-8 | 1.2 mi |
Lexington Senior High School 26 Penry Street, Lexington, NC 27292 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 511 S Main St
Date
Details
Price
Change
Source
1/30/2026
Listed
$400,000
—
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 511 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,798
—
$984,390
—
2024
$12,798
-1%
$984,390
—
2023
$12,896
—
$984,390
—
2022
$12,896
1%
$984,390
—
2021
$12,798
1%
$984,390
2%
2019
$12,680
—
$967,910
—
2018
$12,680
—
$967,960
—
2017
$12,680
—
$967,960
—
2016
$12,680
4%
$967,960
—
2015
$12,196
7%
$967,960
7%
2014
$11,427
—
$906,880
—
2013
$11,427
—
$906,880
—
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 511 S Main St
511 S Main Street, Lexington, NC 27292 (MLS# 4336133) is a Lots/Land property with a lot size of acres. 511 S Main Street is currently listed for $400,000 and was received on January 30, 2026. Want to learn more about 511 S Main Street? Do you have questions about finding other Lots/Land real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

