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Manufacturing Facility with Rail Spur
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313 New Cut Rd, Lexington, NC 27292

Industrial manufacturing and warehouse complex with rail service, substantial power, public water, natural gas, and on-site process infrastructure.

Property Size220,000 SF
Lot Size42.00 Acres
Days on Market143

Property Features for 313 New Cut Rd

General Information

Standard status Active
Size 220,000 SF
Lot size 42.00 Acres
Property subtype Industrial

Site & Location

Outdoor Storage Yes
Utilities to Site Yes

Warehouse & Industrial

Rail Access Yes
Sprinkler System Yes
Listing Agency: United Country Real Estate
Listed By: Shawn Terrel · License #2012000450
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 9:52PM

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 United Country Real Estate

Investment Insights

Based on property information with market context.

The property comprises approximately 42 acres with more than 220,000 square feet of industrial-use buildings and warehouse space at 313 New Cut Rd in Lexington, North Carolina. Improvements include production and warehousing buildings, office and conference areas, kilns, a mechanical shed, lumber yard, scales, parking, internal roads, sprinkler coverage, and a private sewer treatment facility. The site has been used as a lumber processing plant for approximately 20 years.

Electrical service includes three panels totaling 6,600 Amperes, with three megawatts available through a Duke Energy 12 Kilovolt circuit. Public water is supplied through a 12-inch main and a 400,000-gallon holding tank serves the sprinkler system. Natural gas is provided by the City of Lexington. Buildings include heat pumps, gas heat units, and steam heat generated primarily from processed sawdust.

A rail spur extends nearly 700 feet from the upper entrance off New Cut Road and runs parallel to the railroad. The railroad is owned by Norfolk Southern Railway and CSX Transportation. An additional 32± acres of unimproved wooded land is available, with a 30-foot access Right of Way reserved for the remainder.

Key Highlights

  • Approximately 42± acres with over 220,000± sq ft of industrial‑use buildings and warehousing
  • Nearly 700’ rail spur connected to railroad infrastructure owned by Norfolk Southern Railway and CSX Transportation
  • Three electrical panels totaling 6,600 Amperes with three megawatts available per Duke Energy 12 Kilovolt circuit

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Furniture & Home Goods Auto Repair Shop Computer & Electronic Repair Veterinary Clinic Auto Parts Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 27292, NC

39,337
Population
18,749
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
144.0 sq mi
ZIP Area
273
Density / Sq Mi
$54,468
Median Household Income
$34,776
Median Earnings
$831
Median Rent
$193,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Industrial manufacturing and warehouse complex with rail service, substantial power, public water, natural gas, and on-site process infrastructure.
Where is this manufacturing property located?
The property is located at 313 New Cut Rd Lexington, NC.
What are key features of this property?
This property features: Approximately 42± acres with over 220,000± sq ft of industrial‑use buildings and warehousing; Nearly 700’ rail spur connected to railroad infrastructure owned by Norfolk Southern Railway and CSX Transportation; Three electrical panels totaling 6,600 Amperes with three megawatts available per Duke Energy 12 Kilovolt circuit
More about this property
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