Property profile

301 Welcome Ctr Blvd Lexington, NC 27295

OFF-MARKET
Mining land & claims
Property ID
US53-2052360
69,345 SF 9.29 ac lot Built 2007
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A industrial property, located at 301 Welcome Center Boulevard in Lexington, North Carolina, presents a compelling owner-user investment opportunity. Boasting a total of 72,089 net rentable square feet across one building constructed in 2007, this flex space offers a versatile layout ideal for manufacturing, warehousing, and office operations. The property features 14 loading docks, one dock-high door, and impressive ceiling heights ranging from 11 to 35 feet. The 9.294-acre lot provides ample space for expansion, parking (67 spaces), and secure storage. The main building comprises approximately 67,289 square feet, including 40,085 square feet of climate-controlled production space, 10,595 square feet of finished mezzanine office space, 10,483 square feet of warehouse space, and 6,126 square feet of first-floor reception/showroom area. Two additional 40' x 60' metal storage buildings offer 4,800 square feet of supplementary space. The property sits within the NC Carolina Core economic development zone, benefiting from a lower Davidson County tax rate compared to neighboring counties. Its strategic location, half a mile from the I-285 interchange (connecting to I-40, I-85, and I-74), provides unparalleled logistical advantages. The property includes a 6-inch concrete slab floor, an EPDM white rubber membrane roof, and a fully sprinklered warehouse and office space. All lighting and HVAC systems have been upgraded to meet current energy standards. Potential for office expansion exceeds 40,000 square feet. The property is zoned LI and offers excellent access to major transportation arteries, including proximity to Charlotte Douglas International Airport (CLT), Raleigh-Durham International Airport (RDU), and Piedmont Triad International Airport (PTI), which boasts a FedEx hub and significant cargo operations. This is a truly exceptional opportunity in a thriving economic region. Additional equipment, including paint booths, prep stations, fabrication equipment, pallet racking, and office furniture, may be available through separate negotiation.

Property profile

Verified
Property type Mining land & claims
Use group QUARRIES (SAND, GRAVEL, ROCK)
Year built 2007
Construction STEEL FRAME
Total area 69,345 SF
Lot 9.29 ac (404,672 SF)
Zoning code LI
APN 13-023-0-000-0042-K
UPID US53-2052360

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Production Facility
  • Industrial Engineer

Location

301 Welcome Ctr Blvd Lexington, NC 27295-9018
Lexington metro Census 60203 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2020
Last sale
$225,000
5 recorded transactions
2026
Price N/A
2020
Price N/A
2007
Price N/A
2006
$225,000
1969
Price N/A

Zoning & alternative use

LI · Lexington, NC

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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