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313 New Cut Rd
Lexington, NC 27292
Land For Sale · 68.43 AC

INVESTMENT HIGHLIGHTS

  • Three Electric Panels With A Total Of 6,600 Amperes
  • 20,000-Gallon Diesel Fuel Tank
  • Public Sewer Available
  • Public Water Available
  • Natural Gas Available
  • Heated Buildings

PROPERTY FACTS

Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 68.43 AC
Zoning LI - Light Industrial

DESCRIPTION

Sealed Bid Auction 42± Acres • 220,000± sq ft Industrial-Use Buildings and Warehouse Additional 32± Acres of Unimproved Wooded Land Available Bid Now Thru Thursday, February 22 • 4 PM Property Address: 313 New Cut Rd, Lexington, NC 27292 This offering features 42± acres with over 220,000± sq ft of industrial-use buildings and warehousing. The seller will provide a survey prior to closing that separates the acreage from the parent tract. A 30’ access Right of Way will be reserved for the 32± acre remainder. This is a great opportunity for warehousing, development, manufacturing, assembly, or other industrial uses. The property is located, zoned, has public utilities, and access favorable for multiple uses which may include new business and/or service development. The property has adequate parking, a large lumber yard, mechanical shed, scales, rail spur, and a road system. This facility has been used over the past 20 years as a lumber processing plant. Property Features Electric RAIL spur and significant electric capacity available per Duke Energy 12 Kilovolt circuit. One megawatt is enough electricity for 750 homes. One megawatt is enough electricity for 750 homes. Public Water A 12” main comes off East US Highway 64. There is a 400,000-gallon holding tank that supplies the sprinkler system. Sprinkler systems are in all buildings, warehouses, and kilns. Fuel Tank A 20,000-gallon diesel tank located beside the water tank is used for equipment and water pump fuel supply. Natural Gas Natural gas is provided by the City of Lexington. The gas line runs parallel to the rail and then south to building #4’s boiler room. Sewer There is a private sewer treatment facility on site. Public sewer will be available within the next few months. The sewer line is projected to run along the eastern border from East US Highway 64. Heat Building #1 has heat pumps in the office and conference areas and 2 gas heat units in production and warehousing. Buildings #2, #3, and #4 are heated by steam heat. The steam heat is produced by excess and dried /processed sawdust, which is loaded into the boiler room in building # 4 and then distributed to the three buildings. Cyclone system pulls dust from buildings and then filters it to Cilo for storage. Dust is collected and sent to a 24’ x 8’ foot drum for processing prior to boiler input. Boiler rooms use processed dust for the majority of heat, with natural gas as supplemental heat as needed. Railroad The railroad is owned by Norfolk Southern Railway and CSX Transportation. This facility has a Rail Spur off the Railroad that extends nearly 700’ from the top entrance off New Cut Road, running parallel to the Railroad. The Rail Spur is a key component for shipping and receiving. Contact us today for more details! Matthew Gallimore, Broker/Auctioneer United Country | Blue Ridge Land & Auction 540-239-2585 | NCAuctionPro.com Visit website for full auction terms. Franchise office is independently owned & operated.

  • Listing ID: 30637350

  • Date on Market: 1/11/2024

  • Last Updated:

  • Address: 313 New Cut Rd, Lexington, NC 27292

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