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    100 United Furniture Dr Lexington, NC 27292

    Sponsored
    For Sale
    Contact for pricing

    Prime NC industrial warehouse, rail access.

    Property size:
    375,310 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This expansive 375,310-square-foot warehouse, located at 100 United Furniture Drive in Lexington, North Carolina, presents a significant investment opportunity. Built in 1964 and renovated in 1999, the property sits on a substantial 13.1-acre lot and is zoned CC. The warehouse boasts 25 dock-high doors, providing efficient loading and unloading capabilities. The ceiling height reaches up to 22 feet, offering ample vertical space for storage and operations. The property features a robust power supply of 2,500 amps at 277/480V 3-phase. Significant parking is available, including 60 standard spaces and 60 trailer spaces. A key advantage is direct rail access via Norfolk Southern, enhancing logistical flexibility and efficiency. The roof is a combination of BUR, metal, and membrane roofing. This well-maintained industrial space is ideal for a variety of uses and offers a compelling combination of size, location, and amenities. The property's APN is 11-039-0-00A-0003-B. This is a rare opportunity to acquire a large-scale warehouse in a desirable location with excellent infrastructure.

    Property Features for 100 United Furniture Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    375,310 SF
    Lot Size
    570,636 SF

    Building Details

    Year Built/Renovated
    1964/1999

    HighLights

    • BUR/Metal/Membrane roof
    • 60 standard parking spaces and 60 trailer spaces
    • Up to 22' clear height
    • 25 dock‑high doors
    • 2,500 amp, 277/480V 3‑phase power
    • Direct rail access via Norfolk Southern
    Property Profile Location Intelligence

    Current Use by Public Records

    United Furniture Industries Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -80.23655
    Latitude
    35.823841

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    FAQs

    What type of property is this?
    Distribution property - Prime NC industrial warehouse, rail access.
    Where is this distribution property located?
    The property is located at 100 United Furniture Dr Lexington, NC.
    What are key features of this property?
    This property features: BUR/Metal/Membrane roof; 60 standard parking spaces and 60 trailer spaces; Up to 22' clear height
    Request Owner's contact information
    100 United Furniture Dr Lexington, NC 27292
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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
    100 United Furniture Dr Lexington, NC 27292
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