Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Furniture & Home Goods
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Furniture & Home Goods Home Decor Store
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Big Box & Wholesale Store Furniture & Home Goods
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M1 · Thomasville, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for M1 in Thomasville, NC.
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Find the owner behind the property.
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