Property profile

507 Ctr St Lexington, NC 27292

OFF-MARKET
Office buildings
Property ID
US53-0741107
4,260 SF 0.41 ac lot Built 1989
Individually Owned 17-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,260 SF
Lot 0.41 ac (18,000 SF)
Zoning code TN
APN 11-090-0-011-0007
UPID US53-0741107

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
  • Insurance Agency
  • Church
  • Business Service Center Advocacy Group
  • Real Estate Agency

Location

507 Ctr St Lexington, NC 27292-2773
Lexington metro Census 61300 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$225k

Owner & transaction history

since 2008
5 recorded transactions
2008
Price N/A
2007
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

TN · Lexington, NC
Zoning description

The intent of the Traditional Neighborhood District is to accommodate existing medium to high density residential neighborhoods and provide opportunities for new single and multi family residential, allowing a range of h…

General category RESIDENTIAL

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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