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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Manufacturing properties
100 Lexington Pkwy Lexington, NC 27295-8524
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-1966389
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2005
Total area
12,032 SF
Lot
2.77 ac (120,661 SF)
Zoning code
I
APN
11-350-E-000-0004
UPID
US53-1966389
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
Current use
Occupant on record · Public records
-
N2 Mfg | CNC Machine Services | Serving Lexington - High Point - Greensboro - Winston-Salem - North Carolina Industrial Manufacturer
-
CTW Automation Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
$912k
Blend (final)
Blend
$900k
Owner & transaction history
Ctw Holdings LLC · 6 yrs held
Ctw Holdings LLC
since 2020
Last sale
$780,000
5 recorded transactions
Zoning & alternative use
I · Lexington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$955,000
+58.1%
Auto repair, garage
$805,000
+33.6%
Commercial (general)
$715,000
+18.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$950,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,165,000
6.5%
$1,075,000
7%
$995,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$605,000
Current use
OFFICE BUILDING
$955,000
Change: +58% · Conversion: Difficult
AUTO REPAIR, GARAGE
$805,000
Change: +34% · Conversion: Easy
COMMERCIAL (GENERAL)
$715,000
Change: +19% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$715,000
Change: +19% · Conversion: Difficult
WAREHOUSE, STORAGE
$685,000
Change: +14% · Conversion: Easy
RETAIL STORES
$625,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $780k (Mar 18 2020)
Last sale anchor
$780k
Mar 18 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$75 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,014
Tax year 2023
Assessed value
$841,540
Assessed 2023
Previous assessed
$841,540
+0.0% YoY
Effective rate
1.19%
On assessed value
Land market value
$121,190
Improvement market value
$720,350
Total market value
$841,540
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
12,032 SF
Lot
2.77 ac (120,661 SF)
Zoning code
I
APN
11-350-E-000-0004
UPID
US53-1966389
Jurisdiction
DAVIDSON
Zoning & alternative use
I · Lexington, NC
Zoning I · permitted uses
I · Lexington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lexington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$605,000
OFFICE BUILDING
Est. value
$955,000
AUTO REPAIR, GARAGE
Est. value
$805,000
COMMERCIAL (GENERAL)
Est. value
$715,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$715,000
WAREHOUSE, STORAGE
Est. value
$685,000
RETAIL STORES
Est. value
$625,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
2.77 ac
Current owner
From public records · entity-resolved
Ctw Holdings LLC
Entity
Mailing address
100 LEXINGTON PKWY, LEXINGTON, NC 27295-8524
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2023
—
Ctw Holdings LLC
—
Deed
related
$760,000 · Pinnacle Bank
Mar 18, 2020
$780,000
Ctw Holdings LLC
Roehrig Enterprises International L
Warranty Deed
$822,800 · Cogent Bank
Apr 14, 2005
—
Roehrig Ents International LLC
—
Trustees Deed
related
$900,000 · Bank Of America
Mar 21, 2005
—
Roehrig Ents International LLC
City Of Lexington
Warranty Deed
related
—
—
—
Roehrig Ents International LLC
—
Deed Of Trust
related
$345,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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