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    111 Market St Henderson, NC 27537

    Sponsored
    For Sale
    $125,000

    Prime 1.1-acre commercial lot in Henderson, NC.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.102-acre commercial lot presents a rare opportunity for development. Located in a desirable cul-de-sac off I-85, Exit 212, via Zeb Robinson service road, this property offers convenient access and a strategic location. The site is situated on Market Street in Henderson, North Carolina, zip code 27537, within Vance County. Its secluded setting on a quiet cul-de-sac provides a low-profile location ideal for businesses that don't require high visibility. The surrounding area is already home to established businesses including a copy machine sales and service company, a medical transport service and maintenance center, and a pediatric development and counseling service, suggesting a supportive and diverse commercial environment. This is the last available lot in this established cul-de-sac, making it a truly unique investment opportunity. The asking price for this ready-to-develop land is $125,000. The property's coordinates are 36.327186 latitude and -78.454072 longitude. Don't miss this chance to secure a prime piece of commercial real estate in a thriving North Carolina community.

    Property Features for 111 Market St

    General Information

    Property type
    Land

    HighLights

    • $125,000 asking price.
    • 1.102‑acre commercial land parcel.
    • Located in Henderson, NC, at 111 Market Street, zip code 27537.
    • Situated on a cul‑de‑sac off I‑85 Exit 212.
    • Ready for development; ideal for a small business seeking low‑visibility location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Vance
    State
    North Carolina
    Longitude
    -78.454072
    Latitude
    36.327186

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    FAQs

    What type of property is this?
    Land - Prime 1.1-acre commercial lot in Henderson, NC.
    Where is this land located?
    The property is located at 111 Market St Henderson, NC.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: $125,000 asking price.; 1.102-acre commercial land parcel.; Located in Henderson, NC, at 111 Market Street, zip code 27537.
    (252) 438-0197
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    111 Market St Henderson, NC 27537
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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 Market St Henderson, NC 27537
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