Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1281 RIDGE Road Hendersonville, NC 28792

    View on Map
    Claim this Listing
    For Sale
    $1,400,000

    COMMERCIAL - Hendersonville, NC

    Property size:
    25,000 SF
    Lot size:
    1.93 Acres
    Added:
    Mar 13, 2026
    Days on Market:
    34
    Last Refresh:
    Apr 15 at 11:06 pm

    Property Features for 1281 RIDGE Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    R2R
    Bathrooms
    8
    Rooms
    Bathroom 1, Bathroom 3, Bathroom 8, Bathroom 4, Bathroom 5, Bathroom 7, Bathroom 6, Bathroom 2
    Parking
    26
    Security features
    Security System
    Standard status
    Active
    APN
    9599-57-7495
    Size
    25,000 SF
    Lot size
    1.93 Acres

    Taxes and HOA fees

    Tax Description
    SLD 1475 PLSLD1475

    Utilities

    Utilities
    Propane
    Heating system
    Propane (Heating), Electric (Heating), Zoned
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1965
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    Hard Stucco, Metal, Wood
    Roof type
    Metal
    Additional Structures
    Outbuilding

    We can help!

    Listing Contact
    Christina Long
    Christina Long

    Listing agent Christina Long License #108443

    Listing office RE/MAX Results 116 N Main Street, Hendersonville, NC

    Listing date Mar 13, 2026

    MLS# 4357375

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hendersonville Commercial Property For Sale

    This commercial property, formerly a pillow factory, offers over 25,000 square feet of space. It comprises three interconnected buildings featuring loading docks, drive-in doors, a separate office area, and a break room. Refer to the measurements for specific building sizes and ceiling heights. The property is located in a zoning district designated R2R, intended to allow for low to medium density residential development, as well as rural commercial and light industrial development, consistent with the recommendations of the Comprehensive Plan. The lot size is 1.93 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hardin Mfg. Company Furniture & Home Goods Hardin Company Furniture & Home Goods

    Suggested Use

    Restaurant Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Kitchen & Bath Showroom Food Market Electrical Service Furniture & Home Goods Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hendersonville
    County
    Henderson
    State
    North Carolina
    Longitude
    -82.367961
    Latitude
    35.344981

    Nearby Similar for Sale

    • $1,750,000

      50-Acre Apple Orchard Opportunity

      Working apple orchard in Hendersonville, North Carolina.
      Old Clear Creek Road, , NC 28792
      View Details
    • $2,000,000

      Main Street Hendersonville Building

      18,000 sq ft building on Main Street in Hendersonville.
      201 N Main Street, Hendersonville, NC 28739
      View Details
    • $1,200,000
      5,700 SF

      Downtown Hendersonville Class A Office

      Class A office space in Historic Downtown Hendersonville.
      401 N Main Street, Hendersonville, NC 28792
      View Details
    • $500,000
      2,583 SF

      Hendersonville Office Condo For Sale

      2,583 SF office condo in a prime Hendersonville location.
      120 Chadwick Square Ct, Hendersonville, NC
      View Details
    • $1,550,000

      Hendersonville Industrial Property For Sale

      Industrial property in established park, less than 1 mile from I-26.
      25 Reeds Way, Hendersonville, NC 28792
      View Details
    • $3,250,000
      10,683 SF

      Class A Financial Facility

      Well-maintained financial facility with long-term tenant and drive-thru lanes.
      101 Jack St, Hendersonville, NC 28792
      View Details
    • $838,000
      2,599 SF

      Hendersonville Retail Investment Opportunity

      Retail space in a prime Hendersonville location.
      104 Clairmont Dr, Hendersonville, NC
      View Details
    • $2,850,000
      35,100 SF

      Hendersonville Warehouse and Office Building

      35,100 SF building on 3.55 acres near downtown.
      1495 North Main Street, Hendersonville, NC 28739
      View Details
    • $1,500,000

      Hendersonville Commercial Property For Sale

      Commercial property with real estate, business, inventory, and equipment included.
      2212 Asheville Highway, Hendersonville, NC 28791
      View Details
    • $1,300,000
      5,612 SF

      Downtown Hendersonville Class A Office

      Class A office space in historic downtown Hendersonville.
      401 N Main Street, Hendersonville, NC 28792
      View Details
    • $3,950,000
      72,000 SF

      Adaptive Space Near Downtown Hendersonville

      72,000+ SF facility ideal for industrial or adaptive reuse.
      701 Oriole Drive, Hendersonville, NC 28792
      View Details
    • $1,975,000

      Hendersonville Office Building for Sale

      Premier office building in Hendersonville, North Carolina available for purchase.
      800 Beverly Hanks Center, Hendersonville, NC 28792
      View Details

    FAQs

    What type of property is this?
    Industrial property - Former pillow factory with over 25,000 square feet of space.
    Where is this industrial property located?
    The property is located at 1281 RIDGE Road Hendersonville, NC.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Over 25,000 square feet of space.; R2R zoning allows for residential, commercial, and light industrial development.; Three interconnected buildings.
    (828) 606-1230
    We can help!
    Listing Contact
    Christina Long
    Christina Long
    Real Estate License ID: 108443
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!