$80,000
●
Land -
For Sale
218 Hamilton Street
Henderson, NC 27536
Studio
0 Bath
$424
Est. Monthly
About This Property
Excellent Investment & Development Opportunity in Henderson! Vacant
lot located on Hamilton Street and zoned OIA - Office Institutional
"A," offering potential for a variety of uses subject to City of
Henderson approval. Conveniently located near established
residential neighborhoods, businesses, and Downtown Henderson.
Adjoining lot (212 Hamilton st ) is also available for sale,
providing a unique opportunity to purchase one parcel individually
or acquire both for a larger potential development site. Ideal
opportunity for investors, builders, developers, or buyers looking
for strategically located land. Buyer to verify all permitted uses,
zoning requirements, utilities, lot dimensions, setbacks, and
suitability for intended use with the City of Henderson.
Unit Size
-
Days on Market
64 days
Land Size
0.37 acres
Price per sqft
-
Property Type
Land
Property Taxes
$31
HOA Dues
-
Year Built
1948
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (TMLS #10189496)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2026 | Listed by EXP Realty LLC | $80,000 | |
| Listed by EXP Realty LLC | |||
Property Highlights
Exterior Details
Lot Size Area: 0.37
Lot Size Units: Acres
Lot Size Acres: 0.37
Lot Size Square Feet: 16117
Lot Size Dimensions: .37
Water Source: Public
Financial Details
Tax Assessed Value: $27,400
Tax Annual Amount: $373
Utilities Details
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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HOA + Taxes
About Henderson
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Listed by: Saul Moyao Castillo, EXP Realty LLC
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10189496
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10189496
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