Property profile

00 Garnett St Henderson, NC 27536

OFF-MARKET
Land
9 SF
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Property summary

AI-generated overview

This exceptional 9-square-foot commercial land parcel in Henderson, North Carolina, presents a unique investment opportunity. Located directly across from I-85 Exit 215, this property boasts unparalleled visibility and accessibility. The high-traffic location ensures maximum exposure for any commercial venture. All utilities are conveniently available at the property line, simplifying development and reducing upfront costs. The property enjoys the benefit of excellent retail neighbors, including a Food Lion and Dollar General, creating a synergistic retail environment. Its proximity to Vance County Fire and Rescue adds an extra layer of security and community presence. Direct access to I-85 via a traffic light at Exit 215 provides seamless north and southbound connectivity. While some retail restrictions are in place to avoid direct competition with the existing Dollar General, this ensures a healthy and balanced retail ecosystem. The property's location is also just 10 minutes from Satterwhite Point on Kerr Lake, offering additional appeal. This prime location makes it ideal for a variety of commercial uses, capitalizing on the high volume of traffic and established retail presence. The asking price is $696,000.

Property profile

Verified
Property type Land
Total area 9 SF

Cap rate & NOI

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

Location

00 Garnett St Henderson, NC 27536
Henderson metro
Google Maps

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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