2212 Asheville HwyHendersonville, NC 28791

Property Details for 2212 Asheville Hwy

Year built

2005

Lot size

0.49 AC

Property size (Sq ft)

4,000 SF

Zone code

1000207~C-3

Property type

Auto shops

APN

9569470141

APU

9569470141

Description

This exceptional investment opportunity encompasses a 4,000 square foot commercial building situated on a 0.49-acre lot at 2212 Asheville Highway in Hendersonville, North Carolina. The property currently houses a well-established DAPCO contractors supply store, a turnkey operation included in the sale price of $999,000. This comprehensive offering includes the real estate, the existing business, all inventory, and all equipment. The current inventory is valued at approximately $320,000, and the sale also includes a forklift and all necessary office supplies. The building itself is well-constructed and spacious, providing ample room for operations and potential expansion. Its prime location along the Hendersonville entry corridor ensures high visibility and accessibility, contributing to the business's current success. This presents a rare chance to acquire a profitable, established business with significant assets, offering immediate returns and substantial long-term growth potential. The property's strong location and the included inventory and equipment make this a truly unique and attractive investment opportunity in a thriving market. Serious inquiries are encouraged to explore this exceptional offering further. Financial statements and detailed business information are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $1,134,673

  6.5%

  $1,047,390

  7%

  $972,577

• Comparable approach

  Method

  Valuation

  Relative Method

  $829,886

  Geo Method

  $829,886

• Alternative Use

  Use

  Valuation

  Residential

  $883,513

  Hospitality

  $809,293

  Educational

  $673,322

  Medical

  $696,479

  Retail

  $1,047,390

Location Insight

City

Hendersonville

County

Henderson

State

North Carolina

Latitude

35.3408

Longitude

-82.4746

CBSA code

11700

CBSA name

ASHEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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