301 Welcome Center BlvdLexington, NC 27295

  • Land
  • 69,345 SF
For Sale
$8,928,000 View listing

Property Details for 301 Welcome Center Blvd

Year built
2007
Construction
STEEL FRAME
Lot size
9.29 AC
Property size (Sq ft)
69,345 SF
Zone code
LI
Property type
Land
Property subtype
Mining land
APN
13-023-0-000-0042-K
APU
1302300000042K

Description

This exceptional Class A industrial property, located at 301 Welcome Center Boulevard in Lexington, North Carolina, presents a compelling owner-user investment opportunity. Boasting a total of 72,089 net rentable square feet across one building constructed in 2007, this flex space offers a versatile layout ideal for manufacturing, warehousing, and office operations. The property features 14 loading docks, one dock-high door, and impressive ceiling heights ranging from 11 to 35 feet. The 9.294-acre lot provides ample space for expansion, parking (67 spaces), and secure storage. The main building comprises approximately 67,289 square feet, including 40,085 square feet of climate-controlled production space, 10,595 square feet of finished mezzanine office space, 10,483 square feet of warehouse space, and 6,126 square feet of first-floor reception/showroom area. Two additional 40' x 60' metal storage buildings offer 4,800 square feet of supplementary space. The property sits within the NC Carolina Core economic development zone, benefiting from a lower Davidson County tax rate compared to neighboring counties. Its strategic location, half a mile from the I-285 interchange (connecting to I-40, I-85, and I-74), provides unparalleled logistical advantages. The property includes a 6-inch concrete slab floor, an EPDM white rubber membrane roof, and a fully sprinklered warehouse and office space. All lighting and HVAC systems have been upgraded to meet current energy standards. Potential for office expansion exceeds 40,000 square feet. The property is zoned LI and offers excellent access to major transportation arteries, including proximity to Charlotte Douglas International Airport (CLT), Raleigh-Durham International Airport (RDU), and Piedmont Triad International Airport (PTI), which boasts a FedEx hub and significant cargo operations. This is a truly exceptional opportunity in a thriving economic region. Additional equipment, including paint booths, prep stations, fabrication equipment, pallet racking, and office furniture, may be available through separate negotiation.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,708,189
    Hospitality
    $7,976,654
    Educational
    $6,636,482
    Medical
    $6,864,722
    Retail
    $10,323,417
301 Welcome Center Blvd, Lexington, North Carolina

Location Insight

City
Lexington
County
Davidson
State
North Carolina
Latitude
35.9313
Longitude
-80.2343
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
$35,883
-
-
$5,355,730
-
$243,860
$5,111,870
$5,355,730

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