418 5th Ave Lexington, NC 27292-2908
Property profile & analytics
418 5th Ave Lexington, NC 27292-2908
- Office buildings
- 2,034 SF
- 0.31 lot acres
Property ID
US53-5837553
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Buggs Corey D / Law Firm
- Jane Carlos E / Law Firm
- 5TH AVE LAW FIRM OF LEXINGTON / Law Firm
Property Details for 418 5th Ave
- Year built
- 1975
- Construction
- FRAME
- Lot size
- 0.31 lot acres
- Property size
- 2,034 SF
- Zone code
- MU
- Property type
- Office buildings
- APN
- 11-105-0-00C-0009-B
- APU
- 11105000C0009B
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Davidson
- State
- North Carolina
- Longitude
- -80.2637
- Latitude
- 35.8239
- CBSA code
- 49180
- CBSA name
- WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,789
$0.00
$0.00
$136,550
-
$40,510
$96,040
$136,550
