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    1003 American Way Lexington, NC 27295

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    For Sale
    $250,000

    Prime heavy-industrial zoned land ready for redevelopment or build-to-suit.

    Lot size:
    5.16 Acres

    Property Features for 1003 American Way

    General Information

    Lot size
    5.16 Acres

    Source: Oakdale Commercial Properties Agent Thomas Jarrell

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

    Overview

    Heavy Industrial Land For Sale

    This property presents a rare opportunity to acquire heavy-industrial zoned land in Davidson County. The HI zoning allows for the development of a robust industrial facility, accommodating significant truck flow, outdoor vehicle or equipment staging, and large-scale storage and manufacturing capacity. The parcel is suited for a regional industrial user or investor, with quick access to Highway 52 and county zoning configured to accommodate heavy industrial operations. It is ready for immediate redevelopment or long-term strategic build-to-suit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.2329285
    Latitude
    35.8760924

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    FAQs

    What type of property is this?
    Industrial land - Prime heavy-industrial zoned land ready for redevelopment or build-to-suit.
    Where is this industrial land located?
    The property is located at 1003 American Way Lexington, NC.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime heavy-industrial (HI) zoned land in Davidson County; - Ready for immediate redevelopment or long-term build-to-suit; - HI zoning allows for significant truck flow, outdoor staging, and large-scale storage/manufacturing
    (336) 314-3538
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    1003 American Way Lexington, NC 27295
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    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
    1003 American Way Lexington, NC 27295
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