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200 N Church St 229,000 SF Industrial Building Lexington, NC 27292 For Sale



Investment Highlights
- Located in a national Opportunity Zone with tax advantages on capital gains potential.
- Engineered for efficiency, offering retrofitted utilities and lower operating costs.
- Supports logistics with extensive parking and drive-in access points across the site.
- Large building footprint of 229,000 sq ft and flexible land options ranging from 10 to 30 acres.
- Features 14- to 20-foot clear height, structural steel design, and multiple dock bays.
Executive Summary
This industrial investment opportunity at 200 N Church Street offers exceptional flexibility and strong incentives for owner-users and investors. The property spans 229,000 sq ft and provides 10 to 30 acres of land, delivering scalability for large-scale warehousing or advanced manufacturing operations.
Positioned within a designated Opportunity Zone, the asset offers significant tax advantages, including capital gains benefits, while generating positive cash flow through tenant occupancy. Heavy industrial zoning and engineered design ensure efficient operations with lower utility costs. Structural steel construction reduces long-term maintenance, and the layout includes multiple docks per suite, drive-in access, and clear heights ranging from 14 to 20 feet.
The site accommodates large truck and trailer parking with approximately 3 acres dedicated to logistics access. Additional benefits include retrofitted electrical, water, and gas, a robust electrical capacity of 1200 Amp/480v three-phase power, and sprinkler coverage throughout. Its versatile configuration supports diversified uses, from warehousing to manufacturing or mixed operations. Located in Lexington, the asset positions businesses for substantial operational advantage and long-term capital growth potential.
Positioned within a designated Opportunity Zone, the asset offers significant tax advantages, including capital gains benefits, while generating positive cash flow through tenant occupancy. Heavy industrial zoning and engineered design ensure efficient operations with lower utility costs. Structural steel construction reduces long-term maintenance, and the layout includes multiple docks per suite, drive-in access, and clear heights ranging from 14 to 20 feet.
The site accommodates large truck and trailer parking with approximately 3 acres dedicated to logistics access. Additional benefits include retrofitted electrical, water, and gas, a robust electrical capacity of 1200 Amp/480v three-phase power, and sprinkler coverage throughout. Its versatile configuration supports diversified uses, from warehousing to manufacturing or mixed operations. Located in Lexington, the asset positions businesses for substantial operational advantage and long-term capital growth potential.
Property Facts
| Sale Type | Investment or Owner User | Year Built/Renovated | 1965/2019 |
| Property Type | Industrial | Parking Ratio | 0.07/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 17’ |
| Building Class | C | No. Dock-High Doors/Loading | 9 |
| Lot Size | 5.47 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 229,000 SF | Opportunity Zone |
Yes
|
| No. Stories | 3 | ||
| Zoning | LI - Light Industrial | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 5.47 AC |
| Rentable Building Area | 229,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1965/2019 |
| Parking Ratio | 0.07/1,000 SF |
| Clear Ceiling Height | 17’ |
| No. Dock-High Doors/Loading | 9 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | LI - Light Industrial |
Amenities
- Fenced Lot
Utilities
- Gas - Natural
- Water - City
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 11-046-0-000-0065-0-0-0 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,308,008 CAD |
Property Taxes
Parcel Number
11-046-0-000-0065-0-0-0
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,308,008 CAD
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Presented by
Adam Hedrick
200 N Church St
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