Property profile

121 Cedar Ln Dr Lexington, NC 27292

OFF-MARKET
Manufacturing properties
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Property ID
US53-2418964
15,878 SF 2.34 ac Built 1995
Last sale Nov 2019·$400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$351k
Effective rate1.19%

Value estimate

· Nov 2026
$370k
$333k – $407k
Submarket $/SF estimate$503k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$50/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$32 – $76
Qualifying comparables10

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 agency12.1
Auto Parts Store10.1
Parking Facility10.0

Location

121 Cedar Ln Dr Lexington, NC 27292-5709
County assessor Recorded deeds · 8 transfers 10 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
911 Main, Lexington, NC 27292-3129 $1,288,000 Feb 2026 7,625 SF
555 Dixon, Lexington, NC 27292-7516 $4,500,000 Mar 2024 25,000 SF
Dixon, Lexington, NC 27292 $4,500,000 Mar 2024 40,200 SF
202 Prospect, Lexington, NC 27292-3751 $3,375,000 Sep 2023 20,440 SF
1660 Ctr St, Lexington, NC 27292-1309 $800,000 May 2021 27,110 SF
106 Cedar Ln, Lexington, NC 27292-5710 $600,000 Jun 2019 14,400 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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