Technical
Financial
Distress signals
Property profile

401 Raleigh Rd Henderson, NC 27536

OFF-MARKET
Grocery and convenience stores
Property ID
US53-4380372
1,872 SF 0.63 ac lot Built 1987
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 1,827 square foot retail building, situated on 0.63 acres in Henderson, NC, presents a compelling investment opportunity. Located at 401 Raleigh Road, at the entrance to Dabney Shopping Center, this single-tenant property boasts excellent visibility and high traffic counts, exceeding 15,600 vehicles per day. The building is currently vacant and available for lease as-is. Existing features include a full canopy, c-store equipment, and coolers, providing a solid foundation for a variety of retail uses. The property's strategic location offers significant potential for an owner-operator, car lot, or other retail business. Owner financing is available. The site is situated in Henderson, the Vance County seat, a town steeped in history and featuring a historic district with structures listed on the National Register of Historic Places. The property's size and existing infrastructure make it an attractive option for entrepreneurs seeking a turnkey retail operation in a high-traffic location. The 0.63-acre lot provides ample space for potential expansion or outdoor display areas. This is a rare opportunity to acquire a well-positioned retail property in a thriving community. The property is ready for immediate occupancy, allowing for a quick start to operations.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1987
Total area 1,872 SF
Lot 0.63 ac (27,443 SF)
APN 0062 01008D
UPID US53-4380372

Cap rate & NOI

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

Location

401 Raleigh Rd Henderson, NC 27536-5367
Henderson metro Census 960800 HENDERSON, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2017
5 recorded transactions
2017
$185,000
2016
$55,000
2016
$288,657
2015
$325,000
2005
$325,000

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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