40 E 1st Ave, Lexington, NC 27292 Property Records

Davidson County property record for 40 E 1st Ave, Lexington, NC 27292

Property Summary

Property Type	Commercial
Details	4 ba · 6,400 sqft · built 1946
Lot Size	0.107 acres (4,680 sqft)
Owner	Individual Name on Record
Last Sale	$210,000 (Aug 2017)
Deeds & Mortgages	Aug 2017 Sale & Mortgage Sep 2017 Sale
Flood Zone	Zone X (minimal risk)
APN	`11-081-0-00B-0001`

Property Details

APN / Parcel Number

Primary APN	`11-081-0-00B-0001`
Alternative APN	`9231038`

Interior

Full Baths	4 Baths
Plumbing Fixtures	10 Plumbing Fixtures
Stories	2 Stories
Building Area	6,400 sqft Total Area
1st Floor Area	2,880 sqft
Office	1,760 sqft
Flooring	Concrete/Cement
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1946
Effective Year Built	Effective 1977
Exterior Material	Concrete Block
Construction Type	Masonry / Concrete Block
Foundation Type	Footing
Roof Type	Rigid Frame Bar Joist
Roof Material	Tar & Gravel
Lot Area	4,680 sqft (0.107 acres)
Lot Dimensions	117 ft deep x 40 ft wide

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Account Number	9231038
Street Address	40 E 1ST AVE
City	LEXINGTON
State	NC
Zip	27292-3302
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	U
Legal Description	P=5-65 BB L1&2 BK2283-1222 P&G PROP
Legal Subdivision	PICKETT AND GREEN PROPERTY
Jurisdiction	DAVIDSON NC
Township / Civil Division	LEXINGTON
Census Block Group	3
Census Block	3054
Census Tract	61400

Owner

Source: Davidson County records, as of October 16, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Mailing Address	40 E 1ST AVE, LEXINGTON, NC 27292-3302
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Aug 28, 2017	Warranty Deed, Transfer · Conventional with PMI BANK OF NC
Sep 1, 2017	Grant Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 28, 2017 · Amount on Record
Deed Sale	Aug 28, 2017 · Amount on Record
Prior Sale	May 3, 2001 · Amount on Record
Deed Document Number	201718414
Deed Book / Page	2282 / 1481
Record Updated	Oct 29, 2026

August 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	DAVIDSON NC
Recording Date	Aug 28, 2017
Property Address	40 E 1ST AVE, LEXINGTON, NC 27292-3302
Document Number	0022821481
Book / Page	002282 / 001481
Instrument Date	Aug 28, 2017
Instrument	18414
Transaction Type	Transfer
Record Updated	Sep 13, 2017
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$420.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	40 E ET AVE LEXINGTON NC 27292, LEXINGTON, NC 27292

Mortgage

Document Number	22821484
Date	Aug 28, 2017
Book Page	002282/001484
Instrument	18415

Lender

Name	BANK OF NC
Type	Bank
Address	LEXINGTON, NC 27292

Agreement

Type	Conventional with PMI
Amount	Amount Recorded

Mortgage

Document Number	22821499,
Date	Aug 28, 2017
Book Page	002282/001499
Instrument	18416

Lender

Name	BANK OF NC
Type	Bank
Address	LEXINGTON, NC 27292

Agreement

Amount	Amount Recorded
Term	360 Months
Due	Aug 27, 2047

September 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	DAVIDSON NC
Recording Date	Sep 1, 2017
Property Address	40 E 1ST AVE, LEXINGTON, NC 27292-3302
Document Number	0022831222
Book / Page	002283 / 001222
Instrument Date	Aug 28, 2017
Instrument	18889
Transaction Type	Transfer
Record Updated	Sep 14, 2017
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	40 E 1ST AVE LEXINGTON NC 272923302, LEXINGTON, NC 27292-3302

Tax Assessment & Valuation

Source: Davidson County assessment roll, as of October 16, 2026

Property Jurisdictions

Type	Name
State	North Carolina
County	Davidson County
Municipality	Lexington City
Unified School District	Lexington City Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$173,880 (-)	$173,880 (-) Land $30,480 Building $143,400
2025		$173,880 (-)	$173,880 (-) Land $30,480 Building $143,400
2023	Additional exemption filed	$173,880	$173,880 Land $30,480 Building $143,400

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 1, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	3 (1989–2003)
Most Recent Claim	Sep 2003 · Hurricane Isabel

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.1% of the US · lower than 99.5% of North Carolina
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF LEXINGTON serves 19,632 people · EPA ID NC0229010
Water Source	Surface water
Last State Inspection	May 2026
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	Haloacetic acids resolved · Apr 2019 Total trihalomethanes resolved · Apr 2019
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 181 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Windstream Fiber · Cable · DSL	2,000 / 2,000
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000

May also be available: T-Mobile, Verizon.

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