313 New Cut Rd Lexington, NC 27292
This exceptional 74-acre property in Lexington, NC, presents a rare investment opportunity. The site boasts approximately 220,000 square feet of industrial buildings and warehouse space, ideal for manufacturing or warehousing operations. The property includes a rail spur, ensuring efficient shipping and logistics. Robust utilities are in place, featuring a substantial 3-megawatt power capacity, natural gas, and both private and public sewer systems. Adding to its appeal, a 20,000-gallon fuel tank is on-site. The buildings are heated, providing year-round operational comfort. Further enhancing the potential, an additional approximately 32 acres of unimproved wooded land is available, providing ample room for expansion or future development. This industrial-zoned land offers significant potential for growth and diversification. Located at 313 New Cut Rd, and 7578 East US Hwy 64, Lexington, NC 27292, this property offers convenient access to major transportation routes. Public water is also available. This is a prime opportunity to acquire a well-positioned asset in a high-demand industrial location. Don't miss this chance to secure a significant industrial holding.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.