888 Highway 3

361,548 / 8.3
Lot Size / Acres

Description

Prime development opportunity in a high-traffic rural corridor with an unmet demand for commercial services! This 8-acre tract offers a rare "clean slate" for developers and investors looking to fill a major gap in the market. Located along State Road 3, this property benefits from strong pass-through traffic with limited nearby options for gas, food, or retail - the closest amenities are 15+ minutes away, creating a built-in customer base and everyday demand. This location is ideal for a convenience...Prime development opportunity in a high-traffic rural corridor with an unmet demand for commercial services! This 8-acre tract offers a rare "clean slate" for developers and investors looking to fill a major gap in the market. Located along State Road 3, this property benefits from strong pass-through traffic with limited nearby options for gas, food, or retail - the closest amenities are 15+ minutes away, creating a built-in customer base and everyday demand. This location is ideal for a convenience store, gas station, retail center, or quick-service restaurant to serve local residents, commuters, and travelers who currently have no nearby options. The surrounding rural community presents a unique opportunity for a high-visibility commercial hub where competition is minimal and need is high. With approximately 8 acres of level, usable land, there is flexibility for multiple layouts, future expansion, or phased development. Whether you're a seasoned developer or an investor seeking your next growth project, this property offers location, traffic exposure, and market demand - the trifecta for long-term commercial success. Don't miss your chance to secure a strategic footprint in an underserved area with strong development potential.
  1. Listed by Casey Elkins • Kovener & Associates Real Esta • 812-565-9048
  2. Listed by Tamara Barger • Kovener & Associates Real Esta

Property Details for 888 Highway 3

Zoning
Agriculture,Commercial
LISTING UPDATED: 06/29/2026 01:53 PM

Property Details for 888 Highway 3

StatusActive
MLS #202608371
Days on Market48
Taxes$1,533 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size8.30 AC
CountyScott County

Location

Listing Courtesy of Kovener & Associates Real Esta
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Building Information for 888 Highway 3

Lot Size8.30 AC

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$4,986 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,859

Property Taxes

$128

HOA Dues

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Property Information for 888 Highway 3

Summary
Location and General Information
  • Directions: Located at the Y of 56/3 in Blocher area.
  • State Or Province: IN
  • Township: Lexington
  • Postal Code: 47138
  • City: Lexington
  • County Or Parish: Scott
  • Zoning Description: Agriculture,Commercial
Taxes and HOA Information
  • Tax Annual Amount: $1,533.00
  • Tax Legal Description: NWQR & NW1/4 NEQR 17-3-8 8.3A WATERSHED
  • Association: No
  • Parcel Number: 720617500005000005
Property
Lot Information
  • Living Area: 0.0
  • Lot Size Acres: 8.3
  • Lot Size Area: 8.3
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 361548.0
  • Lot Size Units: Acres
Property and Assessments
  • Road Surface Type: Paved
Utilities
  • Water Source: NotConnected, Public
  • Sewer: None
  • Utilities: SewerNotAvailable, WaterAvailable
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Agent
Confidential
  • Internet Entire Listing Display: Yes
Rental
Rental Information
  • Lease Considered: No

Property History for 888 Highway 3

DateEvent & SourcePriceAppreciation
May 16, 2026

Listed (Active)

Southern Indiana REALTORS® Association #202608371

$975,000
May 15, 2026

Listed (Active)

MIBORMLS #22102533

$975,000
May 13, 2026

Expired

MIBORMLS #22084732

DateEvent & SourcePrice
05/16/2026

Listed (Active)

Southern Indiana REALTORS® Association #202608371

$975,000
05/15/2026

Listed (Active)

MIBORMLS #22102533

$975,000
05/13/2026

Expired

MIBORMLS #22084732

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 888 Highway 3

Taxable ValueLand$83,800Additions-Total$83,800
Tax Record2024$1,873 ($156 / month)
Home Facts
Total Finished SqFt6,362 SqFtAbove Grade Finished SqFt6,362 SqFtStories1Lot Size361,548 SqFtStyleCommercialYear Built1970CountySCOTTAPN72-06-17-500-005.000-005

Schools near 888 Highway 3

This home is within Scott County School District 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Johnson Elementary School
PublicPK to 5

Scottsburg Middle School
Public6 to 8

Scottsburg Senior High School
Public9 to 12

Lexington Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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888 Highway 3 is a 8.3 ac of land for sale in Lexington, IN 47138. This property was listed for sale on May 16, 2026 by Kovener & Associates Real Esta, it's currently listed at $975,000. It has been on the market for a total of 48 days and was last sold on June 14, 2023. This listing's school district is Scott County School District 2. Nearby schools include Johnson Elementary School, Scottsburg Middle School and Scottsburg Senior High School. 888 Highway 3 is a 0-bed, 0-bath, 8.3 ac of land on a 361,548 sq. ft. / 8.3 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kovener & Associates Real Esta

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.