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Property profile & analytics
OFF-MARKET
Office buildings
201 Regents Ctr Dr Lexington, NC 27292-8612
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-2008252
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
FRAME
Total area
2,821 SF
Lot
32.06 ac (1,396,534 SF)
Zoning code
TN
APN
11-343-0-000-0004-E
UPID
US53-2008252
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Southwood Reserve At Regents Center · 4 yrs held
Southwood Reserve At Regents Center
since 2021
Last sale
$7.4M
7 recorded transactions
Zoning & alternative use
TN · Lexington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the Traditional Neighborhood District is to accommodate existing medium to high density residential neighborhoods and provide opportunities for new single and multi family residential, allowing a range of housing types with density based on site characteristics and compatibility with surrounding uses, while permitting a limited number of suppor…
Zone name
Traditional Neighborhood
General category
RESIDENTIAL
Zone area
3,604.22 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$147,573
Tax year 2023
Assessed value
$11,265,130
Assessed 2023
Previous assessed
$11,265,130
+0.0% YoY
Effective rate
1.31%
On assessed value
Land market value
$158,700
Improvement market value
$11,106,430
Total market value
$11,265,130
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
3
Stories
1
Bathrooms
2
Total area
2,821 SF
Lot
32.06 ac (1,396,534 SF)
Zoning code
TN
APN
11-343-0-000-0004-E
UPID
US53-2008252
Jurisdiction
DAVIDSON
Zoning & alternative use
TN · Lexington, NCZoning TN · permitted uses
TN · Lexington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the Traditional Neighborhood District is to accommodate existing medium to high density residential neighborhoods and provide opportunities for new single and multi family residential, allowing a range of housing types with density based on site characteristics and compatibility with surrounding uses, while permitting a limited number of support uses and low impact non residential uses.
Zone name
Traditional Neighborhood
General category
RESIDENTIAL
Zone area
3,604.22 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2003
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
2
Lot
32.06 ac
Current owner
From public records · entity-resolved
Southwood Reserve At Regents Center
Individual
Mailing address
165 S YORK ST, GASTONIA, NC 28052-4120
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2021
—
Southwood Reserve At Regents Center
Southwood Realty Company
Intrafamily Transfer
related
$22,500,000 · Protective Life Insurance Co
Jun 24, 2020
—
Southwood Realty Co
—
Deed
related
$21,500,000 · Crescom Bk
Apr 15, 2015
$7,400,000
Southwood Realty Co
Trq LLC
Warranty Deed
$5,240 · Branch Bk&tr
Dec 11, 2009
$5,800,000
Trq LLC
Reserve At Regents Center LLC
Trustees Deed
related
—
Jan 29, 2007
—
Reserve At Regents Center LLC
—
Trustees Deed
related
$1,500,000 · 1450 Gun Hill Road LLC
—
—
Southwood Realty Co
—
Deed Of Trust
related
$21,500,000 · Crescom Bk
—
—
Trq LLC
—
Deed Of Trust
related
$4,300,000 · Southern Community Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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