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1160 Thomas Road
Henderson, NC 27537
Asking Price
$35K
Asset Type
Agricultural Land
Class
Class B
What's Special
Close to Kerr Lake Access Corner Lot <p><strong>INVESTOR OPPORTUNITY - 1.26-ACRE CORNER LOT NEAR KERR LAKE!</strong></p><p>Position yourself to capitalize on the growing demand for recreational, vacation, and residential properties near Kerr Lake. This 1.26-acre corner parcel offers excellent visibility, accessibility, and development potential in a desirable location less than 10 miles from multiple Kerr Lake boat launches and recreation areas.</p><p>Featuring a blend of mature hardwoods and younger timber, this fully wooded tract
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NOI
$80,000
Cap Rate
228.57%
DSCR
38.50
Strong
Cash-on-Cash
742.11%
Monthly Payment
$173.161
Annual Cash Flow
$77,922.069
