114 Montgomery StHenderson, NC 27536

  • Other commercial real estate
  • 2,352 SF
For Sale
$38,500 View listing

Property Details for 114 Montgomery St

Year built
1960
Lot size
0.05 AC
Property size (Sq ft)
2,352 SF
Property type
Other commercial real estate
APN
0004 03004
APU
403004

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $456,476
    Hospitality
    $418,130
    Educational
    $347,879
    Medical
    $359,843
    Retail
    $541,145
114 Montgomery St, Henderson, North Carolina

Location Insight

City
Henderson
County
Vance
State
North Carolina
Latitude
36.3277
Longitude
-78.4029
CBSA code
25780
CBSA name
HENDERSON, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$911
$15,000
$51,816
$66,816
-
$15,000
$51,816
$66,816

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