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    FOR LEASE
    Warehouses

    111 Lenora St, Henderson, NC 27536

    48,000 SF 3.26 ac lot Built 1987
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US53-4377461
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 111 Lenora St in Henderson, North Carolina, presents a significant opportunity for businesses seeking a substantial warehouse space. The single-tenant building boasts a generous 48,000 square feet of warehouse area, perfectly suited for various industrial operations. Situated in Vance County, this property offers convenient access to key transportation routes, streamlining logistics and distribution. The warehouse is complemented by 2,000 square feet of dedicated office space, providing ample room for administrative functions and management. Adding to its functionality, the property includes an improved outside storage area with chain link fencing, enhancing security and organization of materials. The property's location in Henderson, NC, zip code 27536, offers a strategic advantage for businesses operating within the region. This single-tenant warehouse is ideal for a company seeking a large, well-maintained facility with ample office space and secure outdoor storage. The property's size and features make it a highly attractive option for a variety of industrial uses. The address is 111 Lenora St, Henderson, NC 27536. This is a prime opportunity to acquire a substantial industrial asset in a desirable location. The property is classified as industrial, with a warehouse subtype.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1987
    Total area 48,000 SF
    Lot 3.26 ac (141,918 SF)
    APN 0083 01012
    UPID US53-4377461
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $910k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.27M
    Blend (final) Blend
    $1.09M
    Owner & transaction history
    Lenora Street LLC · 1 yrs held
    Lenora Street LLC
    since 2024
    2 recorded transactions
    2024
    $800,000
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $1.5M +3.2%
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    More about this property
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