3574 Nc-8 Lexington, NC 27292
This exceptional commercial property, located at 3574 NC-8 in Lexington, North Carolina, presents a significant investment opportunity. The vacant building, built in 1954, offers a substantial 8,000 to 8,600 square feet of space, ideal for a variety of retail uses or owner-occupancy. Situated on a 1.22-acre lot, the property benefits from its high-traffic location on Highway 8, providing excellent visibility and accessibility. The HC zoning designation allows for diverse commercial applications. The property's size and location make it particularly attractive for businesses seeking a prominent presence in a thriving community. Available for $425,000, this single-tenancy building offers a chance to establish or expand a business in a well-established area of Lexington, just minutes from popular restaurants and shopping destinations. The property has been vacant since September 1, 2021, presenting a blank canvas for a new venture. This is a for-sale-by-owner opportunity.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.