Property profile

0 Shady Ln Ln Hertford, NC 27944

OFF-MARKET
Land
0.22 ac lot
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Property summary

AI-generated overview

This exceptional 0.22-acre commercial lot, located at 53 Shady Lane Lane in Hertford, North Carolina, presents a unique investment opportunity. Zoned RS, this property offers 9,520 square feet of buildable land within the desirable Holiday Island subdivision. Currently used residentially, the lot's zoning allows for a variety of commercial ventures, making it an attractive prospect for entrepreneurs and developers alike. The property is part of a vibrant community boasting numerous amenities, including a clubhouse with a game room, two parks complete with playgrounds, two convenient boat ramps, and a swimming beach. The low asking price of $6,000 makes this an exceptionally affordable entry point into the Hertford commercial real estate market. The property's location in Perquimans County, North Carolina, zip code 27944, offers easy access to local conveniences and transportation routes. The Holiday Island HOA provides additional community benefits and support. Tax year for this property is 2023. Don't miss this chance to acquire a versatile and well-situated commercial lot in a thriving community. This property is ready for your vision and offers significant potential for future growth and return on investment.

Property profile

Verified
Property type Land
Lot 0.22 ac (9,583 SF)

Cap rate & NOI

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

Location

Shady Ln Ln 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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