220 Continuum DrFletcher, NC 28732

  • Office buildings
  • 31,313 SF
For Sale
$6,500,000 View listing

Property Details for 220 Continuum Dr

Year built
1995
Lot size
7.99 AC
Property size (Sq ft)
31,313 SF
Zone code
1004080~M-1
Property type
Office buildings
APN
9653940830
APU
9653940830

Description

This exceptional 31,620-square-foot corporate center in Fletcher, NC, is ideally suited for a variety of uses, including corporate call centers, research and development labs, medical facilities, incubators, or co-working spaces. Located at 220 Continuum Drive, this single-story building sits on a 9.07-acre lot and offers extensive amenities. The property has undergone extensive renovations and is fully climate-controlled, featuring a state-of-the-art, seismic-proof server room equipped with high-speed fiber internet and redundant backup generators. Three loading docks ensure efficient logistics. Smart building systems, including no-touch lighting and multi-zone HVAC, provide both energy efficiency and a modern work environment. The building's design prioritizes safety and productivity with partitioned and private offices, a secured access system, a staff cantina, an on-site gym, showers, executive boardrooms, and multiple conference rooms. This move-in ready facility presents a unique opportunity for a discerning business seeking a high-quality, well-equipped space. The asking price is $6,500,000. Appointments are required for viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,042,522
    6.5%
    $5,577,712
    7%
    $5,179,304
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,577,999
    Geo Method
    $2,577,999
  • Alternative Use

    Use
    Valuation
    Residential
    $6,916,363
    Hospitality
    $6,335,351
    Educational
    $5,270,938
    Medical
    $5,452,214
    Retail
    $8,199,236

Location Insight

City
Fletcher
County
Henderson
State
North Carolina
Latitude
35.4438
Longitude
-82.4958
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
0
-
$1,392,200
$2,045,300
$3,437,500
-
$1,392,200
$2,045,300
$3,437,500

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