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Property profile

4355 Nc-8 Lexington, NC 27292

OFF-MARKET
Retail properties & Spaces
1,300 SF
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Property summary

AI-generated overview

This exceptional 1,300-1,700 square foot flex space in Lexington, NC, presents a remarkable investment opportunity. Completely renovated in 2024, this property boasts a stunning transformation, offering a truly move-in ready space for your business. The extensive updates include a new commercial-grade HVAC system, completely new plumbing and electrical wiring, updated lighting, and a new hot water heater. Safety features have been prioritized with the installation of carbon monoxide and smoke alarm systems. Accessibility is ensured with ADA-compliant ramps, doors, and a restroom. Exterior improvements include a new metal roof on the main building and shed, energy-efficient windows, new front and side porches, a gravel parking lot, and tasteful landscaping. Interior highlights include new wide hardwood floors throughout, luxury vinyl plank flooring in bathrooms, a new Bosch dishwasher, and a renovated enclosed back porch suitable for use as a pantry. The property is zoned OI and is currently vacant, making it ideal for immediate occupancy or leasing. This meticulously renovated space offers high-end finishes and modern amenities, making it an attractive option for a variety of uses, subject to zoning restrictions. The asking price is $386,500. Located at 4355 NC-8, Lexington, NC 27292.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,300 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4355 Nc-8 Lexington, NC 27292
Lexington metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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