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Light Industrial Land

872 American Way, Lexington, NC 27295

For Sale
New
$249,000

LI zoning and public water and sewer infrastructure at the road are among the tract’s documented site features.

Property SizeContact for details
Days on Market5

Property Features for 872 American Way

General Information

Standard status Active
Property subtype Commercial
Listing Agency: WHITETAIL PROPERTIES REAL ESTATE
Listed By: ALLISON MONK · License NC #359515
Source: Corcoran
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 6:12PM

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 WHITETAIL PROPERTIES REAL ESTATE

Rey
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Investment Insights

Based on property information with market context.

This 4.84±-acre tract is located within Pendleton Industrial Park in Davidson County. It carries LI (Light Industrial) zoning and has paved road frontage, with public water and sewer infrastructure at the road. Utility connections, capacity and development requirements should be confirmed for any proposed project.

The property is at 872 American Way in Lexington, with access to US Highway 52/I-285, I-85 and I-40. Existing industrial facilities and commercial activity are present in the surrounding park. Warehouse, manufacturing, contractor and other industrial or commercial uses may be considered subject to applicable approvals.

Key Highlights

  • 4.84± acres in Pendleton Industrial Park
  • LI (Light Industrial) zoning
  • Paved road frontage

Property Analytics

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Open Analytics

Suggested Use

Top Pick HVAC Service Plumbing Service Hair Salon Garden Center Law Firm (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 27295, NC

39,042
Population
16,775
Households
2.3
Avg Household Size
43
Median Age
19%
College-Educated
89%
High-School Grad
127.6 sq mi
ZIP Area
306
Density / Sq Mi
$65,446
Median Household Income
$39,150
Median Earnings
$866
Median Rent
$191,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Industrial land - LI zoning and public water and sewer infrastructure at the road are among the tract’s documented site features.
Where is this industrial land located?
The property is located at 872 American Way Lexington, NC.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 4.84± acres in Pendleton Industrial Park; LI (Light Industrial) zoning; Paved road frontage
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