101 Fair Oaks RdArden, NC 28704

  • Commercial real estate
  • 26,587 SF
For Sale
$2,990,000 View listing

Property Details for 101 Fair Oaks Rd

Year built
1987
Construction
STEEL FRAME
Lot size
3.41 AC
Property size (Sq ft)
26,587 SF
Zone code
DEED DATE: 08/22/2006 DEE
Property type
Commercial real estate
APN
9653-58-7876-00000
APU
965358787600000

Description

This exceptional 26,364 square foot light industrial property in Arden, NC, presents a compelling investment opportunity. Located on a 3.41-acre lot, this facility boasts convenient access to major transportation routes, making it ideal for logistics and distribution. The building features approximately 2,600 square feet of well-appointed office space, including a sophisticated reception area. The warehouse component comprises roughly 23,750 square feet, offering ample space for operations. Ceiling heights range from 11.5 to 15.5 feet, providing flexibility for various uses. Loading and unloading are facilitated by one dock-high door and three drive-in/roll-up doors. Two overhead cranes enhance operational efficiency. The entire building is climate-controlled for optimal comfort and productivity. Employee amenities include five bathrooms and two breakrooms. Ample parking is provided with 61 designated spaces. Security is ensured with a comprehensive 16-camera surveillance system. The seller is open to negotiating leaseback terms, offering a flexible arrangement of 2 to 7 years to suit the buyer's needs. This property is priced at $2,990,000 and represents a rare chance to acquire a high-quality industrial asset with significant upside potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,872,492
    Hospitality
    $5,379,172
    Educational
    $4,475,408
    Medical
    $4,629,324
    Retail
    $6,961,745

Location Insight

City
Arden
County
Buncombe
State
North Carolina
Latitude
35.4546
Longitude
-82.5071
CBSA code
11700
CBSA name
ASHEVILLE, NC METROPOLITAN 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
$6,778
-
-
$1,101,000
-
$119,000
$982,000
$1,101,000

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