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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

401 Raleigh Rd Henderson, NC 27536-5367

1,872 SF 0.63 ac lot Built 1987
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US53-4380372
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Nkhbm LLC · 8 yrs held
Nkhbm LLC
since 2017
5 recorded transactions
2017
$185,000
2016
$55,000
2016
$288,657
2015
$325,000
2005
$325,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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