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    10235 Nc Highway 8 Lexington, NC 27292

    For Sale
    $295,000

    High-traffic location, versatile building, great potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property, situated at 10235 NC Highway 8 in Lexington, NC, presents a unique investment opportunity. Located in the desirable Southmont area, near High Rock Lake, this property benefits from high visibility and convenient access to a substantial daily traffic flow on a major highway. The building itself is a ranch-style structure featuring a covered front porch, providing a welcoming aesthetic and potential outdoor seating area. Ample paved parking is available, ensuring convenient access for customers and employees. The interior space is adaptable and can be configured to suit a wide range of commercial uses, making it ideal for entrepreneurs seeking a versatile space to establish their business. The property's prime location and adaptable building offer significant potential for growth and profitability. The asking price is $295,000. Serious inquiries are encouraged to explore the possibilities this property offers. The lot size is not specified. The square footage of the building is also not provided. This property is categorized as "Other" in terms of property type. The property's location near High Rock Lake adds to its appeal and provides a desirable setting for a variety of businesses. The combination of highway frontage, ample parking, and a versatile building makes this an attractive option for a diverse range of commercial ventures.

    Property Features for 10235 Nc Highway 8

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1996
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Food Market Storage Facility HVAC Service Grocery Store Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.26679
    Latitude
    35.66993

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, versatile building, great potential.
    Where is this commercial real estate located?
    The property is located at 10235 Nc Highway 8 Lexington, NC.
    What is the asking price?
    The asking price for this property is $295,000.
    (336) 798-3750
    Request Owner's contact information
    10235 Nc Highway 8 Lexington, NC 27292
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    Lexington, NC 27292
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10235 Nc Highway 8 Lexington, NC 27292
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