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    Property profile & analytics

    602 Garnett St Henderson, NC 27536

    • Warehouses
    • 34,212 SF
    • 0.76 lot acres
    For Sale
    View listing
    $699,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-4092657
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 602 Garnett St

    Year built
    1955
    Lot size
    0.76 lot acres
    Property size
    34,212 SF
    Property type
    Warehouses
    APN
    0003 09010
    APU
    309010

    Description

    This expansive mixed-use property, located at 602 S Garnett Street in Henderson, North Carolina, offers a substantial 32,000 square feet of space ideally suited for a variety of business needs. The building sits on a generous 1.26-acre lot, providing ample room for expansion or outdoor operations. Currently configured as a blend of office and warehouse space, this property presents a unique opportunity for businesses requiring significant square footage. The versatile layout allows for customization to suit individual requirements, making it an excellent choice for companies seeking to consolidate operations or expand into a larger facility. The seller is open to considering lease options for smaller portions of the building, offering flexibility for businesses of varying sizes. This presents a rare chance to secure a substantial commercial property in a desirable location, with the added benefit of adaptable lease terms to accommodate specific business needs. The asking price for this substantial property is $699,000. Serious inquiries are encouraged to explore this exceptional opportunity. The property's size and location make it an attractive investment for businesses seeking to establish a strong presence in the Henderson, NC market.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $545,000

    • CAP approach

      CAP return
      Estimation
      6%
      $830,000
      6.5%
      $770,000
      7%
      $770,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $780,000
      Geo Method
      $845,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $650,000
      Retail
      $655,000
      Mixed-Use
      $655,000
      Hospitality
      $610,000
      Educational
      $850,000
      Residential Income
      $735,000
      Energy
      $835,000
      Income-Based Land
      $615,000
      Food Service
      $670,000

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Vance
    State
    North Carolina
    Longitude
    -78.4078
    Latitude
    36.3243
    CBSA code
    25780
    CBSA name
    HENDERSON, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $8,268
    $129,843
    $714,819
    $844,662
    -
    $129,843
    $714,819
    $844,662

    Comparable in this City

    • Value Estimation by Request
      3,975 SF

      924 Williams St

      WAREHOUSE, STORAGE • 3,975 SF
      924 Williams St, Henderson, NC 27536-4948
      View Details
    • Value Estimation by Request
      4,800 SF

      Young Ave

      WAREHOUSE, STORAGE • 4,800 SF
      Young Ave, Henderson, NC 27536
      View Details
    • Value Estimation by Request
      1,104 SF

      420 Old Epsom Rd

      WAREHOUSE, STORAGE • 1,104 SF
      420 Old Epsom Rd, Henderson, NC 27536-5319
      View Details
    • Value Estimation by Request
      9.63 Acres

      00 Garnett Street Ext

      Distribution properties • 9.63 Acres
      00 Garnett Street Ext, Henderson, NC 27536
      View Details
    • Value Estimation by Request
      59,625 SF

      219 Wright Ave

      WAREHOUSE, STORAGE • 59,625 SF
      219 Wright Ave, Henderson, NC 27536
      View Details
    • Value Estimation by Request
      9,555 SF

      210 Old Epsom Rd

      WAREHOUSE, STORAGE • 9,555 SF
      210 Old Epsom Rd, Henderson, NC 27536
      View Details

    Similar Nearby for Sale

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      0.17 Acres

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    Similar Nearby for Lease

    • $2 SF/Yr
      96,207 SF

      Warehouse Space in Henderson, NC

      96,207 RSF warehouse space available for lease in Henderson, NC.
      215 Wright Ave, Henderson, NC 27536
      View Details
    • $4 SF/Yr
      48,000 SF

      Henderson Industrial Warehouse For Sale

      48,000 SF Warehouse in Vance County, NC
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      View Details
    • $2 SF/Yr
      21,280 SF

      Warehouse Space in Henderson, NC

      21,280 RSF warehouse space for lease in Henderson, NC.
      239 Wilbur St, Henderson, NC 27536
      View Details
    • Contact for pricing

      Retail Space in Henderson, NC

      Fully leased retail property in a major shopping corridor.
      159 North Cooper Dr, Henderson, NC 27536
      View Details
    • New
      $2,767 /Mo
      4,150 SF

      Retail Space in Henderson, NC

      Retail space available in Food Lion anchored shopping center.
      1600 N Garnett St, Henderson, NC 27536
      View Details
    • New
      $1,520 /Mo
      2,027 SF

      Retail Space in Henderson, NC

      Retail space available in Food Lion anchored shopping center.
      1600 N Garnett St, Henderson, NC 27536
      View Details
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    602 Garnett St
    Henderson, NC 27536
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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