Property summary
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
VerifiedCap rate & NOI
Current use
-
Production Facility
-
Industrial Engineer
Location
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
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LI · Lexington, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.