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Property profile & analytics
OFF-MARKET
Commercial real estate

Us Highway 64 Lexington, NC 27292

5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional five-acre parcel, located at 0 E US Highway 64 in Lexington, NC, presents a unique investment opportunity. Priced at $375,000, the property is zoned for commercial or light industrial uses, making it ideal for a variety of businesses. Its versatile nature also lends itself perfectly to the development of storage units, catering to the growing demand for self-storage solutions in the area. The property boasts convenient access to essential utilities, including city of Lexington gas and electric services, as well as Davidson Water. While the exact square footage of the land is not currently specified, the five-acre lot size offers ample space for development and expansion. Prospective buyers should note that the land acreage is subject to a survey, ensuring accurate measurements prior to any purchase. This prime location on US Highway 64 provides excellent visibility and accessibility, making it an attractive proposition for entrepreneurs and investors seeking a strategic foothold in the Lexington market. The property's versatility, coupled with its strategic location and readily available utilities, positions it as a highly desirable asset with significant potential for future growth and profitability. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

Property profile
Verified
Property type Commercial real estate
Lot 5 ac (217,800 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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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