Beautiful historic Home with acreage in city limits in need of renovation. In close proximity the Davidson County airport and Business 85. Property was most recently used as residential, but still zoned industrial. This property is party of a 30 acre tract, with the house and 12.5 acres being sold together. Additional acreage is available. The tax value reflects the entire 30 acres. Heated area is part of down stairs. Upstairs has no working heat or air. All systems to inspected/verified by buyer.
18.32 acresLot Size
Listed by Sol Coltrane• Coltrane & Company
Bought with NONMEMBER NONMEMBER• nonmls
Source:Triad MLS #870452
Redfin Estimate
$359,105
$184K since sold in May 2022
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 2% higher than the average sale price ($352K) of 6 comparable homes.
Beautiful historic Home with acreage in city limits in need of renovation. In close proximity the Davidson County airport and Business 85. Property was most recently used as residential, but still zoned industrial. This property is party of a 30 acre tract, with the house and 12.5 acres being sold together. Additional acreage is available. The tax value reflects the entire 30 acres. Heated area is part of down stairs. Upstairs has no working heat or air. All systems to inspected/verified by buyer.
Year
Property tax
Land + Additions
Assessment*
2025
$3,248
$274,800
2024
$3,248
$274,800
2023
$3,248 (+7.2%)
$274,800
2022
$3,030
$256,350
2021
$3,030 (+0.8%)
$256,350
2020
$3,005 (−1.5%)
$256,350
2019
$3,051 (−46.1%)
$256,350
2017
$5,658
$456,000 + $19,430
$475,430
Tax history for 718 Richard Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,248
$274,800
2024
$3,248
$274,800
2023
$3,248 (+7.2%)
$274,800
2022
$3,030
$256,350
2021
$3,030 (+0.8%)
$256,350
2020
$3,005 (−1.5%)
$256,350
2019
$3,051 (−46.1%)
$256,350
2017
$5,658
$456,000 + $19,430
$475,430
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Heating & Cooling
Heating Fuel Type: Gas
Exterior
Property Information
Subdivision Name: SHERMAN ACRES
Legal Description: L10 BK2679-2374 I-85
Lot Information
Land Sq. Ft: 798,019
Legal Lot Number: 10
Municipality Type: CI07
Municipality Name: LEXINGTON
Acres: 18.32
Front Footage: 1,068
Zoning Code: ICU
County Use Description: INDUSTRIAL
Financial
Assessor Information
Assessment Year: 2025
Tax District County: COUNTY WIDE
Tax Area: LEXINGTON
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 18.32 acres
Style: Other
Year Built: —
Year Renovated: —
County: Davidson County
APN: 1134900000010
Home facts updated by county records on Aug 26, 2026
Around this home
Schools
Southwood Elementary
Public PreK-5 • Assigned • 4.2mi
9/10
Central Davidson Middle
Public 6-8 • Assigned • 5.5mi
8/10
Central Davidson High
Public 9-12 • Assigned • 5.8mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 104° expected this year, 16 days in 30 years
4/10 Wind Factor
10% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Lexington, NC • 27292
Average low and high temperatures (°F)
47
26
54
33
70
43
76
52
77
56
88
66
90
72
83
66
80
62
72
49
64
41
52
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$342,000 – $413,000
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