Former Car Lot with Small
1533 National Highway Thomasville, NC 27360
1533 National Highway, Thomasville, NC, 27360
Contact for pricing
For Sale
Contact for pricing
Former car lot offering small office space and substantial road frontage on National Highway in Thomasville.
Property Size427 SF
Price / SF$339.58
Days on Market79
Property Features for 1533 National Highway
General Information
- Standard status
- Active
- Size
- 427 SF
- Property subtype
- Retail, Land, Special Purpose
Building Details
- Year Built
- 1980
Listing agency
Lindsay Real Estate Holdings
(336) 878-5171
Listed by
Mark Lindsay · License #NC 252010
Source
Crexi
Added: May 5 Updated: Jul 21 at 3:42PM Checked: Jul 21 at 3:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lindsay Real Estate Holdings
Investment Insights
Based on property information with market context.
Former car lot available for sale in Thomasville, NC, featuring small office space and high visibility on two parcels. The property is configured as a usable automotive-oriented outdoor site.
Located on National Highway, the offering includes 243 feet of road frontage, providing direct presence along the main corridor.
The sale includes 0.86 acres total, with the site presented as a former car lot and supported by the on-site office component.
Located on National Highway, the offering includes 243 feet of road frontage, providing direct presence along the main corridor.
The sale includes 0.86 acres total, with the site presented as a former car lot and supported by the on-site office component.
Key Highlights
- Former car lot for sale on National Hwy in Thomasville, NC
- 0.86‑acre property with 243 ft of road frontage
- Includes small office space on two parcels
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $7.7k | $18.00 |
| − Vacancy | −$215 | −$0.50 |
| EGI | $7.5k | $17.50 |
| − OpEx | −$2.2k | −$5.25 |
| NOI | $5.2k | $12.25 |
427 SF · lease $18.00/SF/yr · vacancy 2.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$74.7K
$65.4K – $87.2K
NOI $5,230 @ 7.0% cap · market cap 3.61%
Second Best
Industrial
$35.4K
$31.0K – $41.3K
NOI $2,478 @ 7.0% cap · market cap 1.71%
Theoretical Best
Office A
$108.3K
$94.8K – $126.4K
NOI $7,584 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Former car lot offering small office space and substantial road frontage on National Highway in Thomasville.
Where is this commercial land located?
The property is located at 1533 National Highway Thomasville, NC.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Former car lot for sale on National Hwy in Thomasville, NC; 0.86‑acre property with 243 ft of road frontage; Includes small office space on two parcels
