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    Property profile & analytics

    111 Market St Henderson, NC 27537

    • Commercial land
    • 1.10 lot acres
    For Sale
    View listing
    $125,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-4583225
    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

    • Commercial land

    Property Details for 111 Market St

    Lot size
    1.10 lot acres
    Property type
    Commercial land
    APN
    0411 03052
    APU
    41103052

    Description

    This exceptional 1.102-acre commercial lot presents a rare opportunity for development. Located in a desirable cul-de-sac off I-85, Exit 212, via Zeb Robinson service road, this property offers convenient access and a strategic location. The site is situated on Market Street in Henderson, North Carolina, zip code 27537, within Vance County. Its secluded setting on a quiet cul-de-sac provides a low-profile location ideal for businesses that don't require high visibility. The surrounding area is already home to established businesses including a copy machine sales and service company, a medical transport service and maintenance center, and a pediatric development and counseling service, suggesting a supportive and diverse commercial environment. This is the last available lot in this established cul-de-sac, making it a truly unique investment opportunity. The asking price for this ready-to-develop land is $125,000. The property's coordinates are 36.327186 latitude and -78.454072 longitude. Don't miss this chance to secure a prime piece of commercial real estate in a thriving North Carolina community.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Vance
    State
    North Carolina
    Longitude
    -78.4541
    Latitude
    36.3272
    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
    2023
    $1,580
    $96,330
    $0.00
    $96,330
    -
    $96,330
    $0.00
    $96,330

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    111 Market St
    Henderson, NC 27537
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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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