Property profile

028 Oak Rdg Rdg Hertford, NC 27944

OFF-MARKET
Land
0.29 ac lot
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Property summary

AI-generated overview

This exceptional 0.29-acre commercial lot, located at 028 Oak Ridge Ridge in Hertford, North Carolina, presents a unique investment opportunity. Priced affordably at $10,000, this property is zoned RS and offers significant potential for development. Situated within the Holiday Island subdivision, the lot boasts a generous 12,632 square feet of space, providing ample room for various commercial ventures. The property is currently vacant and designated for residential use, but its commercial zoning opens doors to a wide range of possibilities. Block number 420 further identifies this prime location within the subdivision. The lot's size and zoning make it ideal for entrepreneurs seeking a cost-effective entry point into the Hertford commercial market. Access to community amenities, including association clubhouse(s), adds further value. Tax information is available for the 2023 tax year. This is a rare opportunity to acquire a well-located, commercially-zoned lot in a desirable area of Hertford, North Carolina. Don't miss out on this chance to build your business in a thriving community. The property is conveniently located in Perquimans County, with the zip code 27944.

Property profile

Verified
Property type Land
Lot 0.29 ac (12,632 SF)

Cap rate & NOI

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

Location

028 Oak Rdg Rdg 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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