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    Industrial properties

    101 Lexington Pkwy, Lexington, NC 27295

    100,000 SF 18.18 ac lot Built 1997
    Property ID
    Property summary
    AI-generated overview

    This exceptional 100,000-square-foot industrial building, situated on an expansive 18.18-acre lot in Lexington, North Carolina, presents a compelling investment opportunity. Located at 101 Lexington Parkway, this single-story Class B manufacturing facility boasts a substantial footprint, ideal for a variety of industrial uses. Constructed in 1997, the property features seven dock-high doors, ensuring efficient loading and unloading operations. Ample parking is provided with 134 spaces, accommodating employees and visitors alike. The building's 14-foot ceiling height offers significant vertical clearance for storage and operational needs. Priced at $5,500,000, or $55 per square foot, this property represents a strong value proposition in a desirable location within Davidson County. The single-tenant occupancy provides stability and ease of management. This well-maintained facility offers a rare opportunity to acquire a significant industrial asset in a thriving market. The property's size and features make it suitable for a wide range of manufacturing and warehousing operations. Its strategic location in Lexington, NC, provides easy access to major transportation routes, further enhancing its appeal to potential buyers. Don't miss this chance to own a substantial industrial property in a prime location.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1997
    Total area 100,000 SF
    Lot 18.18 ac (791,921 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Chesapeake Printing and packaging Department Store
    • WestRock Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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