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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    114 Montgomery St, Henderson, NC 27536-4231

    2,352 SF 0.05 ac lot Built 1960
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US53-4095533
    Property summary
    AI-generated overview

    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
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1960
    Total area 2,352 SF
    Lot 0.05 ac (2,178 SF)
    APN 0004 03004
    UPID US53-4095533
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Ww Overtime LLC · 1 yrs held
    Ww Overtime LLC
    since 2024
    Last sale
    $67,500
    1 recorded transaction
    2024
    $67,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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