Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Office buildings

    418 5th Ave, Lexington, NC 27292-2908

    2,034 SF 0.31 ac lot Built 1975
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US53-5837553
    Property summary
    AI-generated overview

    This exceptional office building at 418 W 5th Avenue in Lexington, NC, presents a fantastic investment opportunity. The property boasts a total of 1,904 heated square feet, housed within a well-maintained brick structure. The interior layout is highly functional and includes a spacious reception area, perfect for welcoming clients and creating a professional first impression. Six individual offices provide ample space for staff or tenants, ensuring privacy and productivity. Two conveniently located bathrooms cater to the needs of both employees and visitors. A fully equipped kitchen adds to the building's practicality and convenience. The building benefits from a recently installed roof, minimizing maintenance concerns for the foreseeable future. Extensive client parking is readily available in a large concrete lot, ensuring ease of access and ample space for visitors. This property is ideally suited for a variety of professional uses and represents a strong value proposition in the Lexington commercial real estate market. The combination of its functional layout, recent improvements, and convenient parking makes this an attractive option for businesses seeking a well-established and easily accessible office space. The property is offered at $220,000. The lot size is zero acres.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1975
    Construction FRAME
    Total area 2,034 SF
    Lot 0.31 ac (13,504 SF)
    Zoning code MU
    APN 11-105-0-00C-0009-B
    UPID US53-5837553
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Buggs Corey D Law Firm
    • Jane Carlos E Law Firm
    • 5TH AVE LAW FIRM OF LEXINGTON Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Smgk Properties LLC · 1 yrs held
    Smgk Properties LLC
    since 2025
    Last sale
    $145,000
    4 recorded transactions
    2026
    2025
    $220,000
    2019
    $145,000
    2006
    $125,500
    Zoning & alternative use
    MU · Lexington, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 418 5th Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message