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    Lexington, NC Commercial Real Estate for Sale

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    Leased Office Building Investment
    Updated: Jul 26
    Leased Office Building Investment

    11 Shoaf Street, Lexington, NC 27292

    $656,250
    4,344 sqft
    Well‑maintained ±4,344 SF office building at 11 Shoaf Street
    12 private offices plus two conference rooms
    Currently 100% leased through October 2029
    Commercial zoning
    Office building dates to 1971, with a 40+ year lease history with the tenant
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    This listing looks promising.

    Here's a quick look at some key insights for

    11 Shoaf Street, Lexington, NC 27292

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $53K
      Annual

    • Price @ 7% Cap

      $756K
      Above asking

    • Property Type

      Office Building
      Built 1970
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    Commercial Development Land
    Updated: Jun 1
    Commercial Development Land

    3319 E US Highway 64, Lexington, NC 27292

    $4,200,000
    37.83 AC lot
    +/-38‑acre raw, undeveloped land tract in Lexington, NC along the Highway 64 corridor
    Public water and public sewer available
    Zoned for future development including retail, shopping, medical, entertainment, storage, or mixed‑use (subject to zoning/municipal approvals)
    Highway access with frontage and visibility along E Highway 64 with direct connectivity to Lexington and the Piedmont Triad
    Land location within Davidson County, between Charlotte, Greensboro, and Winston‑Salem markets
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    Business-Zoned Commercial Land
    Business-Zoned Commercial Land

    10 Burler Street, Lexington, NC 27292

    $565,000
    1.39 AC lot

    Partially cleared land with dual-road frontage and access near major regional routes.

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    Highway-Frontage Commercial Land
    Highway-Frontage Commercial Land

    NC Hwy 8, Lexington, NC 27292

    $199,000
    0.75 AC lot

    The parcel carries HC (Highway Commercial) zoning and fronts a paved, publicly maintained state highway.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Elevated Commercial Land
    Elevated Commercial Land

    6101 Old US HWY 52, Lexington, NC 27295

    $335,000
    1.32 AC lot

    Level commercial parcel with on-site electrical and water service, plus broad permitted-use potential.

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    Agricultural Land with Natural Springs
    Agricultural Land with Natural Springs

    467 Crousetown Road, Lexington, NC 27292

    $426,000
    41.88 AC lot

    RA2-zoned acreage combines wooded terrain, cultivated fields, and a road serving the rear portion of the property.

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    Land, Lexington, NC
    Land, Lexington, NC

    421 Burl Owens Road, Lexington, NC 27292

    $1,423,500
    73.00 AC lot

    Agricultural land / Farmland · 73.00 Acres

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    Established Event Venue For Sale
    Established Event Venue For Sale

    2929 Hedrick Mill Road, Lexington, NC 27292

    $2,200,000
    8,236 sqft 5.10 AC lot

    Turnkey event venue with immediate income potential on 5.1 acres.

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    COMMERCIAL - Lexington, NC
    COMMERCIAL - Lexington, NC

    1409 Winston Road, Lexington, NC 27292

    $899,000
    2.05 AC lot

    Commercial land · 2.05 Acres

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    Land, Lexington, NC
    Land, Lexington, NC

    402 Martin Luther King Jr Boulevard, Lexington, NC 27292

    $83,000
    1.07 AC lot

    Mixed-use properties · 1.07 Acres

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    Commercial Land With Highway Frontage
    Commercial Land With Highway Frontage

    7721 NC Hwy 8, Lexington, NC 27292

    $159,900
    1,352 sqft

    HCCU zoning includes an approved conditional use for an automobile sales lot, subject to Davidson County approval requirements.

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    Absentee-Owned Gas Station with Property in Lexington, NC
    Absentee-Owned Gas Station with Property in Lexington, NC

    Lexington Ave, Lexington, NC 27292

    $1,699,000
    1 sqft

    Absentee-Owned Gas Station with Property in Lexington, NC

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    Industrial Property with Expansion Land
    Industrial Property with Expansion Land

    4460 Nc Highway 8, Lexington, NC 27292

    $2,000,000
    15.00 AC lot

    Owner-occupied industrial campus with warehouses, shops, offices, and open storage structures.

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    Established Restaurant with Drive-Thru
    Established Restaurant with Drive-Thru

    9150 NC Highway 8, Lexington, NC 27292

    $1,450,000
    3.25 AC lot

    Thriving restaurant for sale with ample parking and drive-thru.

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    Advance Auto Parts NNN Property
    Advance Auto Parts NNN Property

    505 South Main Street, Lexington, NC 27292

    Contact for pricing
    7,000 sqft

    National automotive retailer occupies the building under an NN lease with limited landlord responsibilities.

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    Prime Land in Lexington Retail
    Prime Land in Lexington Retail

    1230 Fairview Drive, Lexington, NC 27292

    $949,900
    4.75 AC lot

    Land opportunity in Lexington's growing retail corridor near I-85.

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    Raw Acreage Development Land
    Raw Acreage Development Land

    3319 E US Highway 64, Lexington, NC 27292

    $4,200,000
    38.00 AC lot

    Undeveloped acreage on the Highway 64 corridor with strong visibility and future development optionality.

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    Commercial Land with Highway Visibility
    Commercial Land with Highway Visibility

    6101 Old US HWY 52, Lexington, NC 27295

    $335,000
    1 sqft

    1.32 acres of commercial land with high traffic visibility.

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    Lexington Retail Opportunity For Sale
    Lexington Retail Opportunity For Sale

    19 Cotton Grove Rd, Lexington, NC 27292

    Contact for pricing
    2,633 sqft

    Former convenience store with high visibility and strong traffic counts.

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    Industrial Land with Railroad Access
    Industrial Land with Railroad Access

    198 Brown Street, Lexington, NC 27292

    $2,200,000
    6.69 AC lot

    Multi-parcel industrial land with municipal utilities and direct access to an active railroad line.

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    Absolute NNN Bank Building
    Absolute NNN Bank Building

    115 E Center St, Lexington, NC 27292

    Contact for pricing
    8,310 sqft

    Leased bank building on an absolute NNN structure with 11.8 years remaining and 1.9% annual rent escalations.

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    NNN Orthopedic Clinic
    NNN Orthopedic Clinic

    510 Emergency Drive, Lexington, NC 27292

    Contact for pricing
    13,671 sqft 5.23 AC lot

    Single-tenant NNN orthopedic clinic on Atrium Health campus with a new five-year lease extension.

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    Development Opportunity on Main Street
    Development Opportunity on Main Street

    0000 S Main Street, Lexington, NC 27292

    $400,000
    0.98 AC lot

    0.98-acre parcel with Main Street frontage and development potential.

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    Commercial Development Land Site
    Commercial Development Land Site

    114 Forest Hill Road, Lexington, NC 27295

    $565,000

    Flexible commercial land site near I-285 and NC Highway 64 in Lexington, NC with wide allowable use potential.

    View details

    Lexington, NC Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Lexington, NC, showcased through 70 active listings on our real estate platform. These investment opportunities span a total of 139,298 square feet of properties for sale, with an estimated market value of $47,064,750.

    Sale prices for business properties in Lexington, NC start at $38,000, averaging $960,505, and reaching up to $6,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 79K
    Population Growth (5Y) +0.9%
    Median Household Income $59,828
    College Educated 11.6%

    High-Yield Neighborhoods for Investment

    Identify Lexington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    27295 $553.8K
    27292 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.03%
    Property Tax per SF $20.75 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Davidson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lexington fall within the 100,000+ square foot range.

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