98 Hendersonville HwyPisgah Forest, NC 28768

  • Strip malls
  • 5,616 SF
For Lease
$17/SF/YR View listing

Property Details for 98 Hendersonville Hwy

Year built
1985
Lot size
0.18 AC
Property size (Sq ft)
5,616 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
8597-54-2869-000
APU
8597542869000

Description

This 775-square-foot retail space, located at 98 Hendersonville Highway in Pisgah Forest, North Carolina, presents a fantastic opportunity for a new business. Built in 1985, the property is zoned DMU and features a single-tenant occupancy. The space was previously used as a hair salon, offering a ready-to-customize layout. Its prime location offers excellent visibility and accessibility, situated conveniently near the Pisgah Forest entrance. The surrounding area boasts a vibrant mix of shopping, dining, and entertainment options, including nearby restaurants and a brewery, ensuring high foot traffic and potential customer base. The property's APN is 8597-54-2869-000, and it's situated in Transylvania County (zip code 28768). This property is ideal for a variety of retail businesses seeking a well-established location with convenient access to amenities and a strong local community. The property's single-tenant setup provides flexibility and control for the new occupant. Don't miss this chance to establish your business in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,112,032
    6.5%
    $1,949,568
    7%
    $1,810,313
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,165,160
    Geo Method
    $1,165,160
  • Alternative Use

    Use
    Valuation
    Residential
    $1,644,534
    Hospitality
    $1,506,384
    Educational
    $1,253,294
    Medical
    $1,296,396
    Retail
    $1,949,568

Location Insight

City
Pisgah Forest
County
Transylvania
State
North Carolina
Latitude
35.273
Longitude
-82.7024
CBSA code
14820
CBSA name
BREVARD, NC MICROPOLITAN 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
2024
$2,845
$105,000
$366,640
$471,640
-
$105,000
$366,640
$471,640

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