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    111 Raleigh St Hamlet, NC 28345

    For Sale
    $245,000

    Prime Hamlet location, 2,480 sq ft, 0.78 acre lot.

    Property size:
    2,480 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property, located at 111 Raleigh Street in Hamlet, North Carolina, presents a compelling investment opportunity. The building boasts a substantial 2,480 square feet of space, offering ample room for a variety of commercial uses. Its versatile layout is adaptable to suit diverse business needs, making it an ideal choice for entrepreneurs and established businesses alike. Situated on a generous 0.78-acre lot, the property provides ample parking and potential for future expansion or outdoor amenities. The asking price of $245,000 represents excellent value for a property of this size and location in Hamlet. The building's prime location offers easy access to major transportation routes and is within close proximity to local amenities and a thriving community. This is a rare opportunity to acquire a well-situated commercial property in a growing market. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Serious inquiries are encouraged to explore the full potential of this exceptional commercial offering. Don't miss this chance to secure a valuable asset in a desirable location. Contact us today to schedule a viewing and discuss the possibilities.

    Property Features for 111 Raleigh St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,480 SF
    Lot Size
    33,977 SF

    Building Details

    Year Built
    1978
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hamlet
    County
    Richmond
    State
    North Carolina
    Longitude
    -79.69836
    Latitude
    34.8863

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Hamlet location, 2,480 sq ft, 0.78 acre lot.
    Where is this commercial real estate located?
    The property is located at 111 Raleigh St Hamlet, NC.
    What is the asking price?
    The asking price for this property is $245,000.
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    111 Raleigh St Hamlet, NC 28345
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    Hamlet, NC 28345
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Raleigh St Hamlet, NC 28345
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