Property summary
This exceptional $38,500 investment opportunity presents two existing retail buildings located at 118 W Montgomery St, Henderson, NC 27536, in Vance County. Situated in the heart of downtown Henderson, this property offers significant redevelopment potential. The current structures are non-functional and require demolition, paving the way for a fresh start. The 0-unit property is zoned for a variety of uses, including retail, commercial, office, or residential development, such as townhouses. This prime location offers high visibility and accessibility, making it ideal for entrepreneurs and developers seeking a high-impact project. The seller is highly motivated and open to negotiations, making this a compelling opportunity for cash investors looking to capitalize on the vibrant downtown Henderson market. The property's latitude and longitude coordinates are 36.327755 and -78.402972 respectively. This is a blank canvas for a visionary project in a thriving community. Don't miss this chance to acquire a strategically located parcel with immense upside potential. Act quickly, as this motivated seller is ready to move forward.
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