612 Lexington Ave, Thomasville, NC 27360-3660
This exceptional investment opportunity presents a well-established auto shop located at 612 Lexington Avenue in Thomasville, North Carolina. The property boasts a substantial 5,394 square feet of space, situated on a 0.29-acre lot. The single-story building offers ample natural light, multiple offices, and convenient drive-in doors, making it ideal for a variety of automotive businesses. High ceilings, approximately 14 feet, provide excellent vertical space. The asking price is $369,000, translating to a price per square foot of $55.43. This property enjoys a highly visible location on a busy thoroughfare, providing excellent exposure to potential customers. Its proximity to Business 85 ensures easy access to High Point and other nearby cities, enhancing its appeal and accessibility. The property's single-tenancy status offers a straightforward investment opportunity with potential for strong rental income or owner-operator use. This is a rare chance to acquire a well-positioned and functional auto shop in a thriving area. The property is zoned for retail use and is ready for immediate occupancy. Serious inquiries are encouraged.
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Wescott Auto Inc Car Dealership
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J auto repair and sales Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Thomasville, NCThomasville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.