Property profile

94 Us Highway 64 Lexington, NC 27295

FOR SALE
Drive through restaurants
Property ID
US53-3567324
5,517 SF 1.4 ac lot Built 2016
Entity Owned 11-yr Hold Free & Clear
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94 Us Highway 64, Lexington, NC 27295 For Sale
Contact for pricing 5,517 SF
94 Us Highway 64, Lexington, NC 27295
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2016
Construction FRAME
Total area 5,517 SF
Lot 1.4 ac (60,984 SF)
Zoning code B
APN 11-335-0-000-0006-C
UPID US53-3567324

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

94 Us Highway 64 Lexington, NC 27295
Lexington metro Census 61203 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.79M
Blend (final) Blend
$1.79M

Owner & transaction history

since 2015
6 recorded transactions
2016
Price N/A
2015
$275,000
2009
Price N/A
2008
Price N/A
2007
Price N/A
2005
Price N/A

Zoning & alternative use

B · Lexington, NC
Zoning description

The intent of thebusinessdistrictis to accommodate a wide range of retail, service, governmental, and office uses that serve not only the Lexington community, but also travelers along key highway corridors. Thisdistrictp…

General category CIVIC_INSTITUTIONAL

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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