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Financial
Distress signals
Property profile

31 2nd Ave Lexington, NC 27292

OFF-MARKET
Turn key restaurants
Property ID
US53-0537338
4,225 SF 0.27 ac lot Built 1930
Last sale Sep 2009 · $198,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$240k
Effective rate1.51%

Value estimate

· Oct 2026
$480k
$432k – $528k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$195/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$62 – $324
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
U
The intent of the Uptown District is to support the vitality and growth of Historic Uptown Lexington as the traditional focal point of co...
General categoryCIVIC_INSTITUTIONAL
JurisdictionDAVIDSON

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.7
HVAC Service9.6
Storage Facility9.0

Location

31 2nd Ave Lexington, NC 27292-3307
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
905 Talbert, Lexington, NC 27292-3937 $450,000 Jun 2025 3,669 SF
1707 Cotton Grv, Lexington, NC 27292-5717 $1,182,500 Sep 2024 3,654 SF
406 Ctr, Lexington, NC 27292-4110 $100,000 Jul 2024 5,093 SF
1101 Main, Lexington, NC 27292-3133 $700,000 May 2024 4,219 SF
3428 Nc Hwy 8th, Lexington, NC 27292-6775 $215,000 Sep 2023 4,420 SF
956 Talbert, Lexington, NC 27292-3938 $120,000 Apr 2023 4,683 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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