Property profile

1105 Main St Lexington, NC 27292

OFF-MARKET
Commercial real estate
Property ID
US53-3709723
2,880 SF 0.5 ac lot Built 1977
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional turnkey pawn shop presents a rare investment opportunity in the thriving city of Lexington, North Carolina. Located at 1105 S Main Street, this established business boasts significant annual net income, making it an attractive proposition for savvy investors seeking immediate returns. The sale includes all existing inventory and pawns, ensuring a seamless transition for the new owner. The current manager, deeply familiar with the business operations from its inception, expresses a strong desire to remain, offering invaluable continuity and operational expertise. This presents a significant advantage, minimizing disruption and maximizing profitability from day one. The property's operational success is evident in its consistent cash flow. All showings must be scheduled during business hours due to the nature of the business. Please note that an Indian motorcycle located on the premises is excluded from the sale

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1977
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,880 SF
Lot 0.5 ac (21,780 SF)
Zoning code B
APN 11-143-0-00E-0002-A
UPID US53-3709723

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Discount Store (Bike/Boat/Book/etc) Store
  • Car Rental Facility

Location

1105 Main St Lexington, NC 27292-3133
Lexington metro Census 61501 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2026
Last sale
$260,000
5 recorded transactions
2026
$260,000
2023
$250,000
2018
Price N/A
2015
Price N/A
1969
Price N/A

Zoning & alternative use

B · Lexington, NC
Zoning description

The intent of thebusinessdistrictis to accommodate a wide range of retail, service, governmental, and office uses that serve not only the Lexington community, but also travelers along key highway corridors. Thisdistrictp…

General category CIVIC_INSTITUTIONAL

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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