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    3799 S Hwy 150 Hwy Lexington, NC 27295

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    For Sale
    $1,900,000

    50-pad mobile home community with expansion potential in Lexington, NC.

    Property Features for 3799 S Hwy 150 Hwy

    General Information

    Standard status
    Active

    Building Details

    Year built
    1985

    Source: PREMIER REAL ESTATE TEAM INC. Agent NATE BRINK

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

    Overview

    Lexington Mobile Home Community

    West Park Trailer Park is a mobile home community located in Lexington, North Carolina, featuring approximately 50 pads. The property includes 39 developed pads and 11 approved expansion pads with municipal approvals in place and infrastructure budgeted. There are 23 park-owned homes, many of which have been recently acquired and are ready for repositioning or resale. The community offers individually metered utilities. Located near the Piedmont Triad, close to Winston-Salem, High Point, and Greensboro, the area is experiencing job growth and high demand for affordable housing. This property presents opportunities for growth through rent increases, home sales, and infill/expansion.
    Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.2633
    Latitude
    35.8469

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    FAQs

    What type of property is this?
    Mobile home & RV park - 50-pad mobile home community with expansion potential in Lexington, NC.
    Where is this mobile home & rv park located?
    The property is located at 3799 S Hwy 150 Hwy Lexington, NC.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Below-appraisal price: Offered at $1.9M, a significant value compared to the recent $2.6M appraisal.; - Value-add opportunity: Increase revenue through rent adjustments, home sales, and expansion.; - Expansion potential: Includes 11 approved expansion pads with municipal approvals.
    (704) 796-3433
    Request Owner's contact information
    3799 S Hwy 150 Hwy 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
    3799 S Hwy 150 Hwy Lexington, NC 27295
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