7364 Old Us Hwy 52Lexington, NC 27295

  • Drive through restaurants
  • 1,332 SF
Off market
$7,714,430 Estimated

Property Details for 7364 Old Us Hwy 52

Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.77 AC
Property size (Sq ft)
1,332 SF
Zone code
HC
Property type
Drive through restaurants
APN
11-302-0-000-0033
APU
1130200000033

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $180,997
    6.5%
    $167,074
    7%
    $155,141
  • Comparable approach

    Method
    Valuation
    Relative Method
    $175,838
    Geo Method
    $234,583
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $341,140
    Mixed-Use / Specialty
    $160,285
    Hospitality / Lodging
    $109,531
    Office
    $152,881
    Institutional / Educational
    $164,418
    Residential Income
    $192,369
    Multifamily
    $265,056
    Automotive / Energy
    $140,929
    Parking / Income-Based Land
    $54,752.80
    Restaurant / Food Service
    $70,145.70
    Healthcare / Senior Housing
    $170,721

Location Insight

City
Lexington
County
Davidson
State
North Carolina
Latitude
35.9235
Longitude
-80.2442
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
$1,050
-
-
$161,470
-
$107,330
$54,140
$161,470

FAQs

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