10545 Nc Hwy 8thLexington, NC 27292

  • Turn key restaurants
  • 5,930 SF
Off market
$8,515,980 Estimated

Property Details for 10545 Nc Hwy 8th

Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.85 AC
Property size (Sq ft)
5,930 SF
Zone code
HC
Property type
Turn key restaurants
APN
06-034-B-102-0011
APU
06034B1020011

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $805,792
    6.5%
    $743,808
    7%
    $690,678
  • Comparable approach

    Method
    Valuation
    Relative Method
    $782,821
    Geo Method
    $1,044,350
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,518,740
    Mixed-Use / Specialty
    $713,580
    Hospitality / Lodging
    $487,628
    Office
    $680,618
    Institutional / Educational
    $731,979
    Residential Income
    $856,416
    Multifamily
    $1,180,020
    Automotive / Energy
    $627,411
    Parking / Income-Based Land
    $243,757
    Restaurant / Food Service
    $312,285
    Healthcare / Senior Housing
    $760,042

Location Insight

City
Lexington
County
Davidson
State
North Carolina
Latitude
35.6656
Longitude
-80.2668
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
$2,408
-
-
$359,460
-
$138,850
$220,610
$359,460

FAQs

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