701 Oriole DrHendersonville, NC 28792

  • Industrial properties
  • 53,672 SF
For Sale
$4,323,871 View listing

Property Details for 701 Oriole Dr

Year built
1940
Lot size
4.13 AC
Property size (Sq ft)
53,672 SF
Zone code
9938782~I-1
Property type
Industrial properties
Property subtype
Other industrial properties
APN
9569822477
APU
9569822477

Description

This exceptional 72,785 square foot industrial building presents a unique investment opportunity in Hendersonville, NC. The structure, built of durable masonry, concrete, and steel, offers significant adaptive reuse potential. Situated on a generous 4.13-acre lot, the property boasts light industrial zoning, allowing for a diverse range of commercial and office uses. Its robust construction ensures longevity and resilience, making it an attractive option for long-term investors. The building's spacious layout provides ample room for customization and tenant improvements, catering to a variety of business needs. The strategic location in Hendersonville offers convenient access to major transportation arteries and local amenities, enhancing its appeal to potential tenants and maximizing its market value. This prime location within a thriving area promises strong potential for long-term rental income and capital appreciation. The property's size and versatility make it ideal for a variety of businesses seeking a substantial and well-constructed space in a desirable location. This is a rare opportunity to acquire a substantial industrial property with significant upside potential in a growing market. The combination of size, location, and zoning makes this an exceptional investment prospect.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,854,975
    Hospitality
    $10,859,093
    Educational
    $9,034,638
    Medical
    $9,345,353
    Retail
    $14,053,881
701 Oriole Dr, Hendersonville, North Carolina

Location Insight

City
Hendersonville
County
Henderson
State
North Carolina
Latitude
35.3287
Longitude
-82.4596
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
-
$809,600
$612,900
$1,422,500
-
$809,600
$612,900
$1,422,500

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