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    664 Old Hargrave Rd Lexington, NC 27295-7504
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    Property profile & analytics

    664 Old Hargrave Rd Lexington, NC 27295-7504


    • Warehouses
    • 63,044 SF
    • 23.52 lot acres
    Off-Market
    Last Sale Sep 28, 2020
    Property ID
    US53-0928778
    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.

    Value Estimations
    $2,450,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ESC Brands, LLC / Department Store
    • Logistics Plus, Inc. / Logistics Company / Freight Service
    • Bobby Ferrell Transport / Trucking Company

    Property Details for 664 Old Hargrave Rd

    Year built
    1962
    Lot size
    23.52 lot acres
    Property size
    63,044 SF
    Zone code
    I
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    11-345-0-000-0016
    APU
    1134500000016

    Description

    This exceptional 3-acre industrial property, located at 664 Old Hargrave Rd, Lexington, NC 27295, presents a unique opportunity for businesses seeking outdoor storage solutions. The site is classified as a single-tenant drop yard, offering ample space for various industrial uses. The land is entirely improved with a gravel surface, ensuring easy maneuverability for trucks and heavy equipment. For enhanced security and operational efficiency, the property features a perimeter fence and is fully illuminated. Its strategic location provides convenient access to major transportation arteries, including Interstates 85 and 285, placing businesses within easy reach of both Charlotte and Greensboro. This prime location offers significant logistical advantages for companies needing efficient distribution and storage capabilities. The property is currently vacant and ready for immediate occupancy, making it an ideal solution for businesses requiring a secure and well-maintained outdoor storage area. The absence of any existing buildings allows for complete customization to meet specific operational needs. With its combination of size, location, and improvements, this property represents a compelling investment opportunity in a thriving industrial market. The property's address is 664 Old Hargrave Rd, Lexington, NC 27295.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,447,000
      Market price range: $1.60M - $4.85M
      AI Estimate
      $2,447,000
      Market price range: $1.60M - $4.85M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $3,585,000
      Current use
      COMMERCIAL (GENERAL)
      $3,755,000
      Change: +5% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $3,750,000
      Change: +5% Conversion: Difficult
      RETAIL STORES
      $3,265,000
      Change: -9% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $3,160,000
      Change: -12% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.3127
    Latitude
    35.7878
    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
    $17,235
    $0.00
    $0.00
    $1,448,340
    -
    $441,000
    $1,007,340
    $1,448,340
    More about this property
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