Property profile

229 Federal St Lexington, NC 27292

OFF-MARKET
Day care centers
Property ID
US53-2407945
4,740 SF 1 ac lot Built 1963
Entity Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,740 SF
Lot 1 ac (43,560 SF)
Zoning code B
APN 11-342-0-000-0030
UPID US53-2407945

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

229 Federal St Lexington, NC 27292-5354
Lexington metro Census 61501 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2004
1 recorded transaction
2004
Price N/A

Zoning & alternative use

B · Lexington, NC
Zoning description

The intent of thebusinessdistrictis to accommodate a wide range of retail, service, governmental, and office uses that serve not only the Lexington community, but also travelers along key highway corridors. Thisdistrictp…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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