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Property profile & analytics

418 5Th Ave Lexington, NC 27292

  • Office buildings
  • 2,034 SF
  • 0.31 lot acres
Value Estimation
Last Sale
Mar 13, 2025
$145,000
Location Intelligence
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.

Current Use by Public Records

  • Buggs Corey D / Attorney
  • Jane Carlos E / Attorney
  • 5TH AVE LAW FIRM OF LEXINGTON / Attorney

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 Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

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
More about this property
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