Property summary
This exceptional 0-unit commercial property, located at 114 W Montgomery St in Henderson, NC, presents a unique redevelopment opportunity for cash investors. Priced at $38,500, this land parcel offers significant potential for a variety of uses. Currently occupied by two non-usable retail buildings requiring demolition, the site is ideally positioned in the heart of downtown Henderson. Its central location makes it highly suitable for new retail establishments, commercial ventures, office spaces, or even residential development such as townhouses. The seller is highly motivated and prepared to negotiate, making this a compelling investment prospect for those seeking a blank canvas in a vibrant downtown setting. The property's address is 114 W Montgomery St, Henderson, Vance County, North Carolina, zip code 27536. The geographic coordinates are latitude 36.3277027 and longitude -78.4029561. This is a rare chance to acquire a strategically located parcel in a growing area, ready for a complete transformation. The existing structures are not suitable for continued use and will require demolition prior to any new construction. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning