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    403 W Center St Lexington, NC 27292

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    For Sale
    $365,000

    Mixed-use property in Lexington's Historical District, suitable for business or residential.

    Property Features for 403 W Center St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1925

    Source: SLOAN REALTY, LLC Agent COURTNEY HOLSHOUSER

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

    Overview

    Mixed-Use Property in Lexington, NC

    Located in the Historical District of Uptown Lexington, North Carolina, this property is zoned B, allowing for either residential or business use. The location is near locally owned shops, parks, bars, and restaurants, as well as uptown events. The property presents opportunities for opening an office, retail shop, or short-term rental. The seller is offering a 1-year warranty on the home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jowers Furniture Market ... Furniture Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.2485283
    Latitude
    35.8191316

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Lexington's Historical District, suitable for business or residential.
    Where is this mixed-use property located?
    The property is located at 403 W Center St Lexington, NC.
    What is the asking price?
    The asking price for this property is $365,000.
    What are key features of this property?
    This property features: - Zoned B for residential or business use, offering flexibility.; - Located in the Historical District of Uptown Lexington, close to amenities.; - Seller is offering a 1-year warranty.
    Request Owner's contact information
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    Lexington, NC 27292
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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
    403 W Center St Lexington, NC 27292
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