713 Ray AveHendersonville, NC 28792

Property Details for 713 Ray Ave

Year built

2009

Lot size

0.47 AC

Property size (Sq ft)

6,300 SF

Zone code

9902834~I-1

Property type

Industrial properties

APN

9569820270

APU

9569820270

Description

This exceptional investment opportunity presents a Class B industrial property located at 713 Ray Ave, Hendersonville, NC 28792. The 6,300 square foot building, constructed in 2009, sits on a 0.47-acre lot and boasts a desirable I-1 zoning classification. The property features a well-appointed 1,200 square foot office/retail space, perfect for a variety of uses, seamlessly connected to a spacious 5,100 square foot warehouse area. High ceilings and heavy 3-phase power provide ample capacity for diverse business operations. Two large roll-up doors, one at the front and one on the side, ensure efficient loading and unloading. Ample parking is provided with 26 spaces on-site. The property currently generates an annual scheduled income of $50,000 and a gross operating income of $50,000. This property is less than a mile from downtown Hendersonville, offering excellent accessibility and visibility. The APN is 9569820270. Please note that there is an active tenant, and disturbing the tenant is not permitted. This is a rare opportunity to acquire a well-maintained, income-producing warehouse in a prime Hendersonville location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,810,050

  6.5%

  $2,593,890

  7%

  $2,408,610

• Comparable approach

  Method

  Valuation

  Relative Method

  $829,886

  Geo Method

  $829,886

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,312,520

  Mixed-Use / Specialty

  $1,293,970

  Hospitality / Lodging

  $931,280

  Office

  $1,271,830

  Institutional / Educational

  $1,340,250

  Residential Income

  $1,568,090

  Multifamily

  $1,957,610

  Automotive / Energy

  $1,148,780

  Parking / Income-Based Land

  $410,140

  Restaurant / Food Service

  $643,391

  Healthcare / Senior Housing

  $1,341,170

Location Insight

City

Hendersonville

County

Henderson

State

North Carolina

Latitude

35.3279

Longitude

-82.4602

CBSA code

11700

CBSA name

ASHEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].