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Property profile & analytics

121 Center St Lexington, NC 27292

  • Office buildings
  • 4,020 SF
  • 0.19 lot acres
Value Estimation
Location Intelligence
Property ID
US53-0706779
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 121 Center St

Year built
1926
Lot size
0.19 lot acres
Property size
4,020 SF
Zone code
U
Property type
Office buildings
APN
11-089-0-001-0024
APU
1108900010024

Description

This exceptional commercial investment opportunity presents a fully renovated office building situated just 100 yards from the Davidson County Courthouse in Lexington, NC. The property, priced at $1,200,000, boasts a completely updated interior, including a new roof, new air conditioning in the detached apartment, and a fully modernized electrical system with brand new wiring. A detailed list of renovations is available upon request. The main office space is move-in ready and can comfortably accommodate six or more offices, featuring 1.5 bathrooms, a kitchen, a laundry room, and a partially unfinished basement. Adding to its income potential is a detached brick apartment, approximately 600 square feet, comprising a living area, two bedrooms, and a kitchen. The property also includes a paved parking area. This versatile building is ideally suited for a variety of professional uses, including law offices, medical practices, accounting firms, or surveying companies. The property is offered with owner financing for qualified buyers, subject to acceptable offer terms. This is a rare opportunity to acquire a prime commercial property in the thriving city of Lexington. Leasing of the property is not currently available. The property is not located on a lot with acreage.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Lexington
County
Davidson
State
North Carolina
Longitude
-80.2564
Latitude
35.8262
CBSA code
49180
CBSA name
WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,157
$0.00
$0.00
$142,880
-
$37,830
$105,050
$142,880
More about this property
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