000 Fifth Ave, Hertford, NC 27944
This exceptional 0.37-acre commercial lot, situated in the East Coast Development subdivision of Hertford, North Carolina, presents a compelling investment opportunity. Priced at $8,900, this property offers significant potential for development. The irregularly shaped lot encompasses 16,117 square feet and boasts a desirable corner location within Block 429. Currently located on an unimproved road, its R-zoning allows for a variety of potential uses. The land is cleared but requires some clearing of overgrown vegetation. Remnants of an old mobile home are present on a portion of the lot; potential buyers should verify zoning regulations regarding replacement structures. Its proximity to the Perquimans River and Highway 17 provides convenient access and excellent commuting options. This combined lot (previously lots 261, 267, and 268) is ready for your vision and represents a rare chance to acquire a well-positioned commercial parcel in a growing area. The property's size and location make it ideal for various commercial ventures. Don't miss this chance to secure this prime piece of land. The address is 000 5th Avenue, Hertford, NC 27944.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.