Property profile

6 Woodland Ave Hertford, NC 27944

OFF-MARKET
Land
0.31 ac lot
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Property summary

AI-generated overview

This exceptional 0.31-acre commercial lot, located at 6 Woodland Ave in Hertford, North Carolina, presents a unique investment opportunity. Priced at $19,500, this property offers significant potential for development. Situated on a quiet cul-de-sac, the lot boasts convenient access to city utilities, simplifying the construction process. The 13,605 square foot parcel is situated on a municipal road, ensuring easy accessibility. Its compact size is ideal for a small-scale commercial venture, such as a single-family home or rental property. The property's location within Perquimans County provides proximity to excellent schools, including Perquimans Central/Hertford Grammar Elementary, Perquimans County Middle School, and Perquimans County High School. An added advantage is the possibility of purchasing the adjacent lot to expand the property's footprint, creating a larger development area or allowing for the construction of multiple units to generate additional income. This property offers a rare blend of convenience, accessibility, and development potential in a desirable location. The lot's size and location make it an attractive option for investors seeking a straightforward and potentially lucrative project. Don't miss this chance to acquire a valuable piece of land in Hertford, NC. The zip code is 27944.

Property profile

Verified
Property type Land
Lot 0.31 ac (13,504 SF)

Cap rate & NOI

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

Location

6 Woodland Ave Hertford, NC 27944
Hertford 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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