401 Linda Vista DrHendersonville, NC 28792

Property Details for 401 Linda Vista Dr

Year built

2000

Lot size

16.83 AC

Property size (Sq ft)

107,500 SF

Zone code

9971837~PCD

Property type

Retail space

APN

9579151480

APU

9579151480

Description

This exceptional 1.8-acre commercial land parcel presents a remarkable investment opportunity in Hendersonville, North Carolina. Located at 401 Linda Vista Dr, 28792, this property boasts a highly desirable PCD Planned Commercial zoning designation, opening doors to a wide range of commercial development possibilities. Its strategic location offers unparalleled convenience, situated directly adjacent to The Home Depot and providing easy access to Interstate 26 and the vibrant downtown area of Hendersonville. The property's prime location is further enhanced by its proximity to a wealth of established retailers, including Tractor Supply Co., CVS Pharmacy, Mr. Tire, Aaron's, Aldi, Lowe's, Napa, Harbor Freight, Belk, Hibbett Sports, TJMaxx, Joann, Dunham's Sports, Burkes Outlet, Sam's Club, Walmart Supercenter, Staples, Ingles, and Petco. This ensures high visibility and significant foot traffic potential for any future development. The asking price for this exceptional property is $575,000. This presents a rare chance to acquire a strategically located commercial lot in a thriving community with strong retail presence and excellent access to major transportation routes. Don't miss this opportunity to secure a prime piece of Hendersonville real estate.

• CAP approach

  CAP return

  Valuation

  6%

  $30,494,326

  6.5%

  $28,148,608

  7%

  $26,137,994

• Comparable approach

  Method

  Valuation

  Relative Method

  $22,303,196

  Geo Method

  $22,303,196

• Alternative Use

  Use

  Valuation

  Residential

  $23,744,404

  Hospitality

  $21,749,746

  Educational

  $18,095,534

  Medical

  $18,717,866

  Retail

  $28,148,608

Location Insight

City

Hendersonville

County

Henderson

State

North Carolina

Latitude

35.3369

Longitude

-82.4504

CBSA code

11700

CBSA name

ASHEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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