Property profile

16152 Nc Hwy 125 Hwy Halifax, NC 27839

OFF-MARKET
Mixed-use properties
400 SF 1.04 ac lot Built 1940
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Property summary

AI-generated overview

This exceptional mixed-use property presents a unique investment opportunity in the vibrant town of Halifax, North Carolina. Situated on a generous 1.04-acre lot, this 400-square-foot building offers versatile potential for a variety of commercial and/or residential uses. The property's location on NC Highway 125 ensures high visibility and accessibility, making it ideal for a business seeking strong foot traffic and convenient access for customers. The existing structure provides a solid foundation for immediate occupancy or renovation, allowing for customization to suit specific business needs. Whether you envision a retail space, office, or a combination of uses, this property's flexibility makes it an attractive prospect. The ample land offers potential for expansion or future development, adding further value to this already compelling investment. Its strategic location in Halifax offers access to a growing community and presents a chance to establish a thriving business or capitalize on the area's development potential. The asking price of $85,000 represents a significant opportunity for investors seeking a strong return on their investment in a desirable North Carolina location. Don't miss this chance to acquire a versatile property with significant upside.

Property profile

Verified
Property type Mixed-use properties
Year built 1940
Total area 400 SF
Lot 1.04 ac (45,302 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16152 Nc Hwy 125 Hwy Halifax, NC 27839
Halifax metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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