1506 Lexington Ave, Thomasville, NC 27360
- Manufacturing properties
- 22,178 SF
- 2.70 lot acres
Current Use by Public Records
- International Furnishings Inc / Furniture & Home Goods
- C & B Frame Co / Furniture & Home Goods / Home Decor Store
- Relax Manufacturing Co / Big Box & Wholesale Store / Furniture & Home Goods
Property Details for 1506 Lexington Ave
- Year built
- 1947
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.70 lot acres
- Zone code
- M1
- Property type
- Manufacturing properties
- APN
- 16-325-0-000-0050
- APU
- 1632500000050
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 8, 2021 | $5,000 | Judith C Medlin | Judith C Medlin | Warranty Deed · related | — |
Description
This expansive industrial warehouse, situated at 1506 Lexington Avenue in the heart of Thomasville, North Carolina, presents a significant opportunity for businesses seeking ample space and convenient access. Boasting over 21,000 square feet of interior space, this property is ideal for a variety of manufacturing or storage applications. Its downtown Thomasville location offers easy access to major transportation routes, including convenient proximity to interstate highways. The property features a secure, fenced perimeter, enhancing safety and security. For efficient material handling, the warehouse includes a functional freight elevator, significantly improving vertical transportation capabilities. The building also offers practical office space, with two offices conveniently located at the front entry, and a total of three bathrooms for employee convenience. Loading and unloading operations are facilitated by an extended loading dock platform with one loading dock, streamlining logistics. Additional storage is provided by a metal building at the rear of the property, and a separate storage building located at the front. The property is being sold in its current "as is" condition. This substantial industrial property offers a compelling combination of size, location, and functionality, making it an attractive investment opportunity.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $702,000
- AI Estimate
- $702,000
Market price range: $702k - $1.68MMarket price range: $702k - $1.68M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,110,000 Current use
- RETAIL STORES
- $1,100,000 Change: -1% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Thomasville
- County
- Davidson
- State
- North Carolina
- Longitude
- -80.1191
- Latitude
- 35.8843
- CBSA code
- 49180
- CBSA name
- WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
