Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1506 Lexington Ave Thomasville, NC 27360

    Sponsored
    For Sale
    $385,000

    Large industrial space, prime location, great value.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This expansive industrial warehouse, situated at 1506 Lexington Avenue in the heart of Thomasville, North Carolina, presents a significant opportunity for businesses seeking ample space and convenient access. Boasting over 21,000 square feet of interior space, this property is ideal for a variety of manufacturing or storage applications. Its downtown Thomasville location offers easy access to major transportation routes, including convenient proximity to interstate highways. The property features a secure, fenced perimeter, enhancing safety and security. For efficient material handling, the warehouse includes a functional freight elevator, significantly improving vertical transportation capabilities. The building also offers practical office space, with two offices conveniently located at the front entry, and a total of three bathrooms for employee convenience. Loading and unloading operations are facilitated by an extended loading dock platform with one loading dock, streamlining logistics. Additional storage is provided by a metal building at the rear of the property, and a separate storage building located at the front. The property is being sold in its current "as is" condition. This substantial industrial property offers a compelling combination of size, location, and functionality, making it an attractive investment opportunity.

    Property Features for 1506 Lexington Ave

    General Information

    Property type
    Industrial properties

    Building Details

    Year Built
    1947
    Property Profile Location Intelligence

    Current Use by Public Records

    International Furnishings Inc Upholstery Shop C & B Frame ... Furniture Store Relax Manufacturing Co Furniture Wholesaler

    Suggested Use

    Realty agency Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Thomasville
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.11939
    Latitude
    35.88422

    Nearby Similar for Sale

    • $2,500,000

      Thomasville Wedding and Event Venue

      Turnkey wedding and event venue in historic Thomasville, North Carolina.
      17 E Main St, Thomasville, NC 27360
      View Details
    • $399,900

      Thomasville Retail/Auto Shop Opportunity

      Retail and auto shop property in Thomasville, North Carolina.
      620 National Hwy, Thomasville, NC 27360
      View Details
    • $199,000
      Pending

      Thomasville Duplex: Investor Opportunity

      Charming, updated duplex in Thomasville, NC, ideal for investors.
      600 Clay St, Thomasville, NC 27360
      View Details
    • $299,900
      0.17 Acres

      Thomasville Apartment Investment Opportunity

      Four one-bedroom units near the Triad with ample parking.
      106 College St, Thomasville, NC 27360
      View Details
    • $599,000
      11,945 SF

      Manufacturing and Distribution Space Available

      12,000 SF manufacturing/distribution space on 1.49 acres for sale.
      101 Trexler Ave, Thomasville, NC 27360
      View Details
    • $299,900

      Versatile Building on 2.32 Acres

      Commercial building suitable for various uses, subject to county approval.
      125 Rickard Rd, Thomasville, NC 27360
      View Details
    • $400,000

      Versatile Commercial Space For Sale

      2,800+ sq ft flexible commercial space with new roof.
      211 A And B National Hwy, Thomasville, NC 27360
      View Details
    • $949,000
      30,524 SF

      Thomasville Industrial Facility For Sale

      30,524 SF industrial building with warehouse and manufacturing space.
      119 Washboard Rd, Thomasville, NC 27360
      View Details
    • $265,000

      Day Care Center with Pool

      C1 zoned property with kitchen, office, two bathrooms, pool.
      719 Fisher Ferry St, Thomasville, NC 27360
      View Details
    • $299,000
      2,400 SF

      New Service Garage with Bays

      New service garage with three bays in Thomasville, NC.
      200 Martin Luther King Jr Dr, Thomasville, NC
      View Details
    • $70,000

      Office Building in Redevelopment Area

      Office building for sale in downtown Thomasville redevelopment area.
      42 Trade St, Thomasville, NC 27360
      View Details
    • $200,000

      Former Day Care Center Available

      Day care center with kitchen, office, and C1 zoning.
      944 Fisher Ferry St, Thomasville, NC 27360
      View Details

    FAQs

    What type of property is this?
    Industrial property - Large industrial space, prime location, great value.
    Where is this industrial property located?
    The property is located at 1506 Lexington Ave Thomasville, NC.
    What is the asking price?
    The asking price for this property is $385,000.
    (336) 988-0555
    Request Owner's contact information
    1506 Lexington Ave Thomasville, NC 27360
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1506 Lexington Ave
    Thomasville, NC 27360
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1506 Lexington Ave Thomasville, NC 27360
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.