Financial
Distress signals
Property profile

115 E Center St Lexington, NC 27292

FOR SALE
Banks
Property ID
US53-1679194
10,400 SF 0.97 ac lot Built 1997
Last sale Feb 2025 · $277,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$31k
Tax billed · 2023
Assessed value$2.34M
Effective rate1.31%

Value estimate

· Sep 2026
$2.74M
$2.46M – $3.01M
NOI build-up
Gross scheduled income$179k
Vacancy & credit loss−$5k
Operating expenses−$44k
NOI · 3.19% cap applied$131k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
3.19%
$131k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
U
The intent of the Uptown District is to support the vitality and growth of Historic Uptown Lexington as the traditional focal point of co...
General categoryCIVIC_INSTITUTIONAL
JurisdictionDAVIDSON

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop12.4
Storage Facility12.1
Parking Facility11.8

Location

115 E Center St Lexington, NC 27292
County assessor Recorded deeds · 65 transfers Qualifying comp sales · not on file 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
106 State, Lexington, NC 27292-3468 $1,500,000 Feb 2025 5,288 SF
330 Hargrave, Lexington, NC 27292-7511 $9,630,000 Sep 2024 7,194 SF
406 Ctr, Lexington, NC 27292-4110 $100,000 Jul 2024 5,093 SF
617 Greensboro, Lexington, NC 27292-2891 $450,000 May 2024 8,405 SF
129 Lowes, Lexington, NC 27292-5348 $2,800,000 Sep 2023 7,787 SF
291 Talbert, Lexington, NC 27292-4142 $500,000 May 2022 10,440 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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