3736 Us Hwy 64 Lexington, NC 27292-8067
This exceptional investment property, located at 3736 US Highway 64 in Lexington, NC, presents a lucrative opportunity for discerning investors or owner-occupants. Priced at $2,000,000, the property boasts a well-maintained, income-generating 20-unit storage facility, offering a substantial return on investment. The main structure functions as a spacious garage, ideal for various uses, complementing the income stream from the storage units. The property sits on a lot with zero acres, making it a compact and efficient investment. The combination of the garage and the storage units provides a diversified income stream, mitigating risk and maximizing potential profits. The property's excellent condition minimizes immediate maintenance needs, allowing for a swift return on investment. Its strategic location on US Highway 64 ensures high visibility and accessibility, attracting a wide range of potential tenants for the storage units. This turnkey operation is ready for immediate occupancy and income generation, making it an attractive proposition for both seasoned investors and those seeking a passive income stream. Financial records and detailed operational information are available upon request to qualified buyers. This is a rare opportunity to acquire a well-established, profitable property in a desirable location. Don't miss out on this chance to secure a strong and stable investment.
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Modern Tire & Services Center Inc (Bike/Boat/Book/etc) Store Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RA1 · Lexington, NCNo recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.