108 Monticello RdWeaverville, NC 28787

  • Industrial properties
  • 411,293 SF
For Lease
$6/SF/YR View listing

Property Details for 108 Monticello Rd

Year built
1984
Lot size
34.02 AC
Property size (Sq ft)
411,293 SF
Zone code
DEED DATE:08/31/2017 DEED
Property type
Industrial properties
Property subtype
Other industrial properties
APN
9733-91-1408-00000
APU
973391140800000

Description

This exceptional 400,000 square foot flex space in Weaverville, NC (Asheville MSA), offers a unique blend of office and industrial opportunities. Situated on a spacious 34-acre lot, this property, originally constructed in 1988 and extensively renovated in 2022, provides a modern and efficient workspace. The complex boasts 17 loading docks, 2 drive-in doors, and ample parking with 690 spaces. Ceiling heights range from 13 to 34 feet, catering to diverse needs. Currently, there are seven available suites, ranging from 1,350 to 157,575 contiguous square feet, allowing for flexibility in tenant size. Office spaces can be combined up to 33,000 square feet, while warehouse/manufacturing spaces can be combined for over 110,000 square feet. The property features a heavy power supply and high-speed fiber internet access. Additional amenities include 100% air conditioning and sprinkler systems, common area amenities, and secure outdoor laydown space. Its prime location offers excellent accessibility with exposure to I-26 (45,000 VPD) and US Hwy 25N/70W (25,000 VPD). The property is currently home to a diverse range of tenants, including Thermo Fisher, French Broad Chocolates, Moog Music, and others. Build-to-suit opportunities and a free-standing data center building are also available. Laboratory/clean room space is also an option.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $90,845,768
    Hospitality
    $83,214,232
    Educational
    $69,233,264
    Medical
    $71,614,304
    Retail
    $107,696,192
108 Monticello Rd, Weaverville, North Carolina

Location Insight

City
Weaverville
County
Buncombe
State
North Carolina
Latitude
35.7074
Longitude
-82.5743
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
2024
$92,583
-
-
$10,671,200
-
$3,518,600
$7,152,600
$10,671,200

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