1526 Old Us Highway 64 Lexington, NC 27292
This exceptional 2.67-acre industrial property in Lexington, NC, presents a remarkable business opportunity. The sale includes a well-established junkyard, complete with a substantial inventory (included in the $550,000 asking price). The property features a versatile brick building of approximately 1800 square feet, offering ample office space and a convenient bathroom. A two-bay garage is also included, equipped with a tire machine and lifts, enhancing operational efficiency. The property's prime Lexington location ensures excellent accessibility and visibility, making it ideal for continued operation as a junkyard or for a variety of other industrial uses. The expansive acreage provides significant room for expansion and future development. This turnkey operation offers immediate income potential and substantial long-term growth prospects. The property is ready for a new owner to capitalize on its existing infrastructure and strategic location. Serious inquiries are encouraged to explore this unique investment opportunity. The property is being sold as-is. Contact the listing agent for showing instructions.
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HRM Auto Salvage Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.