Property profile

111 Raleigh St Hamlet, NC 28345

OFF-MARKET
Commercial real estate
Property ID
US53-2854693
2,480 SF 1.55 ac lot Built 1978
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 111 Raleigh Street in Hamlet, North Carolina, presents a compelling investment opportunity. The building boasts a substantial 2,480 square feet of space, offering ample room for a variety of commercial uses. Its versatile layout is adaptable to suit diverse business needs, making it an ideal choice for entrepreneurs and established businesses alike. Situated on a generous 0.78-acre lot, the property provides ample parking and potential for future expansion or outdoor amenities. The asking price of $245,000 represents excellent value for a property of this size and location in Hamlet. The building's prime location offers easy access to major transportation routes and is within close proximity to local amenities and a thriving community. This is a rare opportunity to acquire a well-situated commercial property in a growing market. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Serious inquiries are encouraged to explore the full potential of this exceptional commercial offering. Don't miss this chance to secure a valuable asset in a desirable location. Contact us today to schedule a viewing and discuss the possibilities.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1978
Total area 2,480 SF
Lot 1.55 ac (67,600 SF)
APN 749113045391
UPID US53-2854693

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Atm

Location

111 Raleigh St Hamlet, NC 28345-2758
Hamlet metro Census 971000 ROCKINGHAM, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2025
Last sale
$176,000
3 recorded transactions
2025
$176,000
2020
$100,000
2019
$70,000

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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