Financial
Distress signals
Property profile

647 Hargrave Rd Lexington, NC 27292

OFF-MARKET
Manufacturing properties
Property ID
US53-2108250
214,592 SF 20.01 ac lot Built 1986
Last sale Nov 2020 · $4,486,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Industrial facility totaling approximately 216,000 square feet, including about 6,000 square feet of office space, set on a site of approximately 20 acres in Lexington, North Carolina. Clear heights range from 17 to 22 feet and loading includes 16 dock-high doors and 7 drive-in doors. Structural column spacing is 40 feet by 50 feet with 8-inch steel H-columns. The building’s plant dimensions are approximately 600 feet by 300 feet and 200 feet by 150 feet, with office dimensions of approximately

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$59k
Tax billed · 2023
Assessed value$4.99M
Effective rate1.19%

Value estimate

· Sep 2026
$5.47M
$4.92M – $6.02M
Submarket $/SF estimate$6.79M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$50/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$32 – $76

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I
The intent of the Industrial District is to accommodate existing and future industrial, manufacturing, wholesaling, distribution, and war...
General categoryPLANNED_DEVELOPMENT
JurisdictionDAVIDSON

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store8.6
Convenience Store8.6
Parking Facility8.5

Location

647 Hargrave Rd Lexington, NC 27292-7560
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
101 Lexington, Lexington, NC 27292-5205 $4,500,000 Feb 2026 100,490 SF
Dixon, Lexington, NC 27292 $4,500,000 Mar 2024 40,200 SF
555 Dixon, Lexington, NC 27292-7516 $4,500,000 Mar 2024 25,000 SF
202 Prospect, Lexington, NC 27292-3751 $3,375,000 Sep 2023 20,440 SF
547 Lowes, Lexington, NC 27292-0235 $5,900,000 Dec 2021 149,240 SF
1660 Ctr St, Lexington, NC 27292-1309 $800,000 May 2021 27,110 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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 647 Hargrave Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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