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10362 State Highway 8, Lexington, NC, 27292

--beds
--baths
0sqft
$450,000
--price/sqft
$2,935/moest. monthly cost
$117,400/yrincome needed

About This Home

Prime commercial opportunity in a high-visibility location with endless potential for investors or business owners alike! Situated on a great corner lot in a rapidly growing area, this move-in ready office building offers flexibility for a variety of business uses. The property is currently rented on a month-to-month basis. Inside, you’ll find a welcoming lobby/reception area, 8 offices, a kitchen area, a spacious conference room, and additional workshop/storage space ideal for printers, supplies, or production needs. Whether you’re looking to expand your current business operations, establish a professional headquarters, or add a solid income-producing property to your portfolio, this property checks all the boxes. Excellent visibility, convenient access, and so much opportunity await! Agent is seller.

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

4/10
8/10
Central Davidson MiddleGrades 6-85.6 mi
3/10
Central Davidson HighGrades 9-125.6 mi

Construction

Condition

  • Year built: 2005

Type & Style

  • Home type: SingleFamily
  • Property subType: Office

Interior

Interior Area

  • Total structure area: 2,442

Property

Details

  • Parcel number: 06034A0000025000
  • Zoning: OI
  • Special condition: Owner Sale

Features

  • Stories: 1

Lot

  • Features: Cleared,Corner Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Ice Storm
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Davidson County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,275$27,300
Home Insurance *$207$2,484
Property Taxes $253$3,036
Electricity $200$2,405
Total$2,935$35,220
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,628/yr
40% on housing$88,050/yr
45% on housing$78,266/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 27292$174
Davidson County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 27292$159
Davidson County$172

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Listed for sale$450,000

For Sale by Agent

AgentAngela Brown Cranford
BrokeragePrice REALTORS - Archdale

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