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    406 National Blvd Lexington, NC 27292

    Sponsored
    For Sale
    $325,000

    Prime location, high traffic, investment opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property at 406 National Boulevard in Lexington, NC, presents a compelling investment or ownership opportunity. Situated just off the highly trafficked Business 85-29/70, this location boasts exceptional visibility and accessibility, making it ideal for a diverse range of commercial ventures. The property itself offers a substantial amount of space, featuring a large, open floor plan perfectly suited for retail operations, a convenience store, a car lot, or numerous other commercial uses. Internal improvements include dedicated storage areas and office space, providing ample room for both inventory and administrative functions. The property's size and layout offer significant flexibility for customization and adaptation to specific business needs. This is a rare chance to acquire a well-positioned commercial property with significant potential for growth and profitability in a thriving area. The asking price is $325,000. While the exact square footage is not currently available, the substantial size of the building and its versatile layout make it a highly attractive proposition for discerning investors and business owners seeking a prime location in Lexington, NC. The property sits on a 0-acre lot. This is a turn-key opportunity to establish or expand a commercial enterprise in a high-traffic area.

    Property Features for 406 National Blvd

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1954
    Property Profile Location Intelligence

    Current Use by Public Records

    Hardware and Roses Consignment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.27297
    Latitude
    35.82763

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, high traffic, investment opportunity.
    Where is this commercial real estate located?
    The property is located at 406 National Blvd Lexington, NC.
    What is the asking price?
    The asking price for this property is $325,000.
    (336) 249-7948
    Request Owner's contact information
    406 National Blvd 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
    406 National Blvd Lexington, NC 27292
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