Financial
Distress signals
Property profile

203 Prospect Dr Lexington, NC 27292

OFF-MARKET
Warehouses
Property ID
US53-2117029
14,230 SF 5.66 ac lot Built 1962
Last sale Sep 2021 · $225,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$430k
Effective rate1.31%

Value estimate

· Sep 2026
$185k
$167k – $204k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$58/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$19 – $102
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I
The intent of the Industrial District is to accommodate existing and future industrial, manufacturing, wholesaling, distribution, and war...
General categoryPLANNED_DEVELOPMENT
JurisdictionDAVIDSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.5
Restaurant14.5
Hair Salon12.8

Location

203 Prospect Dr Lexington, NC 27292-3752
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
135 County School, Lexington, NC 27292 $1,530,000 Oct 2025 10,847 SF
208 Market, Lexington, NC 27292-1291 $625,000 Jun 2025 13,186 SF
700 State, Lexington, NC 27292-3214 $1,225,000 Jan 2024 12,025 SF
202 Prospect, Lexington, NC 27292-3751 $3,375,000 Sep 2023 20,440 SF
5801 Us Hwy 64, Lexington, NC 27292-6607 $1,350,000 Mar 2023 15,219 SF
701 7th, Lexington, NC 27292-2947 $430,000 Aug 2022 14,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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