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Prime Downtown Location on the outskirts of town, on your way to the popular Grayson Lake, only 10 minutes further down the road. 3.45 acres consist of 2.96 acres zoned commercial and .49 acres of vacant residential lot. The residential lot had a house at one point but has been gone for a long time. Buyer can pursue having the lots combined to 3.45 total acres for commercial or Buyer can submit offer for just 2.96 acres by itself. Seller is also open to a land build to suit lease contract. Land is across from Dollar General. The 2.96 acres was appraised April 2023, it appraised for $706,500. That did not include the extra .49 acres that we are including. Buyer will get immediate equity. Property is priced to sell. Owner/Agent

Highlights

  • Land
  • Unimproved Land
  • 3.45 Acre Lot
  • 630 days on Market


  • Acres
    3.45

  • Area
    080 - Carter County
  • County
    Carter
  • City
    Grayson
  • Neighborhood
    Downtown
  • Zip Code
    41143

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Frequently Asked Questions

How do I schedule a tour of 5 S Carol Malone Blvd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5 S Carol Malone Blvd.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 5 S Carol Malone Blvd?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $550,000. We can talk through recent upgrades, potential seller motivation, how this unimproved land compares to others in Grayson, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 5 S Carol Malone Blvd?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 5 S Carol Malone Blvd at around $3,130. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 5 S Carol Malone Blvd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Carter County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 5 S Carol Malone Blvd?

In most cases, yes. Whether 5 S Carol Malone Blvd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Grayson's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 5 S Carol Malone Blvd?

We can handle that for you. Our preferred local agent specializes in lands in Grayson and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

5 S Carol Malone Blvd was listed on February 21, 2025, which means it's been on the market for 630 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

5 S Carol Malone Blvd sits on a 3.45-acre lot, which is 150,282 square feet.

Is 5 S Carol Malone Blvd still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of Bluegrass REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by IDX brokerage firms other than Rector Hayden Realtors, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX brokers. Information deemed reliable but not guaranteed. Copyright © 2026 Bluegrass REALTORS®. All Rights Reserved.

Last Updated: November 13, 2026 at 06:11PM | Source: ImagineMLS (Bluegrass REALTORS) | MLS#: 25003145