Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    510/514 Dabney Drive Ext Henderson, NC 27536

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $18 SF/Yr

    Premium office spaces in Henderson's thriving commercial district on Dabney Drive.

    Lot size:
    0.81 Acres

    Property Features for 510/514 Dabney Drive Ext

    General Information

    Standard status
    Active
    Lot size
    0.81 Acres

    We can help!

    Listing Contact
    James Hutson
    Source: Exprealty

    Listing Agency: Ninja Realty Listing Agent: James Hutson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Prime Commercial Office Space Available

    Located on Dabney Drive in Henderson, this commercial building offers office spaces with flexible leasing options. The building blends industrial charm with modern functionality. Available spaces include a large office suite featuring 16 oversized offices, a spacious lobby with a reception desk, a massive conference room, a hallway with built-in shelving, and tall ceilings with industrial design, originally a historic hosiery plant. A medium office suite is also available, offering 13 private offices, a dedicated kitchen and break area, and a private lobby/reception area. Individual offices are also available. Electricity, property taxes, and insurance are covered by the landlord. Free high-speed WiFi is available. The property is zoned B2A, suitable for medical offices and emergency services, realtors, attorneys, CPAs, insurance agents, mortgage brokers, banks, finance and business offices, barber shops, tattoo studios, locksmiths, recording studios, radio/TV offices, copy/print services, veterinary clinics, florists, and dental & analytical labs. Situated on one of the busiest roads in the city, Dabney Drive is home to major retailers, medical offices, and corporate businesses with direct access to I-85.
    Location Intelligence

    Current Use by Public Records

    Office space

    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
    Henderson
    County
    Vance
    State
    North Carolina
    Longitude
    -78.4131269
    Latitude
    36.3161621

    Nearby Similar for Lease

    • $19 SF/Yr
      18,000 SF

      Prime Commercial Office Space Available

      Premium office spaces for rent in Henderson's thriving commercial district.
      510/514 Dabney Drive Ext, Henderson, NC 27536
      View Details
    • $20 SF/Yr
      18,120 SF

      New Commercial Building on US-1

      Flexible commercial space with high visibility and accessibility on US-1.
      40 Industrial Park Dr, Henderson, NC 27537
      View Details
    • $2 SF/Yr
      96,207 SF

      Warehouse Space in Henderson, NC

      96,207 RSF warehouse space available for lease in Henderson, NC.
      215 Wright Ave, Henderson, NC 27536
      View Details
    • $4 SF/Yr
      48,000 SF

      Henderson Industrial Warehouse For Sale

      48,000 SF Warehouse in Vance County, NC
      111 Lenora St, Henderson, NC 27536
      View Details
    • $2 SF/Yr
      21,280 SF

      Warehouse Space in Henderson, NC

      21,280 RSF warehouse space for lease in Henderson, NC.
      239 Wilbur St, Henderson, NC 27536
      View Details
    • Contact for pricing
      50,000 SF

      Cardinal Plaza Retail Space

      Henderson, NC retail center with high traffic.
      1405 Andrews Ave, Henderson, NC 27536
      View Details
    • $1,496 /Mo
      1,995 SF

      Retail Space in Henderson, NC

      Retail space available in Food Lion anchored shopping center.
      1600 N Garnett St, Henderson, NC 27536
      View Details
    • $2,767 /Mo
      4,150 SF

      Retail Space in Henderson, NC

      Retail space available in Food Lion anchored shopping center.
      1600 N Garnett St, Henderson, NC 27536
      View Details
    • $1,520 /Mo
      2,027 SF

      Retail Space in Henderson, NC

      Retail space available in Food Lion anchored shopping center.
      1600 N Garnett St, Henderson, NC 27536
      View Details
    • $3,924 /Mo
      7,244 SF

      Retail Space Near I-85

      Retail space for lease in Henderson, North Carolina.
      1600 N Garnett St, Henderson, NC 27536
      View Details
    • $499,000

      Downtown Henderson Office Building

      Office building in downtown Henderson with multiple offices and amenities.
      726 S Garnett St, Henderson, NC 27536
      View Details
    • Contact for pricing

      Retail Space in Henderson, NC

      Fully leased retail property in a major shopping corridor.
      159 North Cooper Dr, Henderson, NC 27536
      View Details

    FAQs

    What type of property is this?
    Office space - Premium office spaces in Henderson's thriving commercial district on Dabney Drive.
    Where is this office space located?
    The property is located at 510/514 Dabney Drive Ext Henderson, NC.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on high-traffic Dabney Drive with direct access to I-85.; - Flexible leasing options: Large Office Suite, Medium Office Suite, and Individual Offices.; - Landlord covers electricity, property taxes, and insurance.
    (252) 915-2311
    Request Owner's contact information
    510/514 Dabney Drive Ext Henderson, NC 27536
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    510/514 Dabney Drive Ext
    Henderson, NC 27536
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    510/514 Dabney Drive Ext Henderson, NC 27536
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    James Hutson
    (252) 915-2311
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.