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    872 American Way Lexington, NC 27295

    For Lease
    $9 SF/Yr ($9,000 /Mo)

    Industrial space with easy access to major interstates.

    Property size:
    12,000 SF
    Lot size:
    4.84 Acres

    Property Features for 872 American Way

    General Information

    Size
    12,000 SF
    Lot size
    4.84 Acres

    Source: Freeman Commercial Real Estate Agent Abner Wright

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Space Near I-85 & I-40

    This industrial property offers spaces ranging from 6,000 to 12,000 square feet, situated on a 4.57-acre lot. The property features clear-span buildings, drive-in doors, and a shared loading dock. Located in Lexington, North Carolina, it provides convenient access to both I-85 and I-40. The space is anticipated to be ready for tenant buildout in the first quarter of 2025. The lease rate is $9.00 per square foot, NNN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Law Firm Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Auto Parts Store Department Store Kitchen & Bath HVAC Service Storage Facility

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

    Similar Places Nearby

    Welcome Self Storage, WTR Mini Storage

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.2364706
    Latitude
    35.8731153

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    FAQs

    What type of property is this?
    Warehouse - Industrial space with easy access to major interstates.
    Where is this warehouse located?
    The property is located at 872 American Way Lexington, NC.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Easy access to I-85 & I-40; - SF Available: 6,000-12,000 SF; - Lot Size: 4.57 AC
    (336) 692-4422
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    872 American Way Lexington, NC 27295
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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
    872 American Way Lexington, NC 27295
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