Property profile

406 Piedmont Dr Lexington, NC 27295

OFF-MARKET
Automotive properties
Property ID
US53-0897392
67,170 SF 6.22 ac lot Built 1986
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1986
Total area 67,170 SF
Lot 6.22 ac (270,943 SF)
Zoning code B
APN 11-333-0-000-0072
UPID US53-0897392

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
  • Auto Repair Shop
  • Car Dealership

Location

406 Piedmont Dr Lexington, NC 27295-2410
Lexington metro Census 61204 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
$2.07M
Blend (final) Blend
$2.07M

Owner & transaction history

since 2016
7 recorded transactions
2018
Price N/A
2016
$4.0M
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
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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