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Property profile

130 Lexington Ln Southern Pines, NC 28387

OFF-MARKET
Office Spaces
3,164 SF 0.17 ac lot Built 1969
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Property summary

AI-generated overview

This exceptional 3,164 square foot office building, situated on a 0.17-acre lot in the heart of Southern Pines, North Carolina, presents a unique investment opportunity. Built in 1969, this single-story structure boasts a convenient single-unit layout, perfect for a variety of uses. The property features ample parking with 8 spaces available, a significant advantage in a bustling downtown location. The interior layout includes a welcoming lobby/reception area, multiple private offices ideal for individual practitioners or teams, a spacious conference room perfect for meetings and collaborations, multiple restrooms for convenience, and a practical kitchenette. Previously utilized as a bank annex, this building offers a solid foundation and established infrastructure. The property is zoned CB and its address is 130 Lexington Lane, Southern Pines, NC 28387. The asking price is $1,100,000. This property offers a blend of functionality and prime location, making it an attractive prospect for both established businesses and new ventures seeking a presence in the vibrant Southern Pines market. The property's APN is 20210430.

Property profile

Verified
Property type Office Spaces
Year built 1969
Total area 3,164 SF
Lot 0.17 ac (7,405 SF)

Cap rate & NOI

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

Location

130 Lexington Ln Southern Pines, NC 28387
Southern Pines metro
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Value estimations

Realmo proprietary · 4 methods
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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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