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Weaverville Commercial Property For Sale

4 Northcrest Drive Weaverville, NC 28787

Claim this Listing
Pending
$899,900

SINGLE_FAMILY - Weaverville, NC

Type:Office
Property size:
2,700 SF
Lot size:
0.42 Acres
Added:
Mar 31, 2026
Days on Market:
102
Last Refresh:
Jul 10 at 9:06 pm

Property Features for 4 Northcrest Drive

General Information

Property type
Residential
Property subtype
Office
Zoning
I-1
Parking
13
Parking features
Parking Lot
Patio and Porch features
Porch
Accessibility
Accessible Approach with Ramp
Standard status
Pending
APN
9733-70-1669-00000
Size
2,700 SF
Lot size
0.42 Acres

Taxes and HOA fees

Tax Description
DEED DATE:05/06/2020 DEED:5893-1788 PLAT:0126-0173

Utilities

Sewer type
Public Sewer

Building Details

Year built
1888
Floors in Building
2
Flooring type
Wood, Tile
Roof type
Metal

Listing agent Jake Mossman License #325658

Listing office Keller Williams Professionals 55 N Main St, Suite B, asheville, NC

Listing date Mar 31, 2026

MLS# 4360266

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.


Investment Insights

Based on property information with market context.

Located at the corner of Northcrest Road and Monticello Road, 4 Northcrest Drive is situated on a lot with 8,000 cars per day near Walmart and Lowe's. The property is positioned in Weaverville's rapidly expanding commercial and medical corridor. A 67-bed AdventHealth hospital is under construction minutes away. The building offers 2700 rentable square feet, 8 offices, and 2 bathrooms. The property includes a 13-car parking lot. It features a new metal roof and HVAC systems replaced within the last few years, along with a well-maintained exterior and landscaping. The property provides a passive NNN income stream with rental escalations and future marketability. The zoning is I-1. The lot size is 0.42 acres. The NOI is currently $56,700 and increases to $58,600 in November. The lease rate is currently $21 per square foot and TICAMs are $3 per square foot.

Key Highlights

  • Prime location in Weaverville's rapidly expanding commercial and medical corridor, near Walmart and Lowe's.
  • Proximity to AdventHealth's new 67‑bed hospital, creating a significant healthcare‑driven growth opportunity.
  • Stabilized, passive NNN income stream with built‑in rental escalations.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $68.4k $25.32
− Vacancy −$1.6k −$0.58
EGI $66.8k $24.74
− OpEx −$16.7k −$6.18
NOI $50.1k $18.55
2,700 SF · lease $25.32/SF/yr · vacancy 2.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$715.6K
$626.2K – $834.9K (±1% cap)
NOI $50,094 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$853.8K
$747.1K – $996.1K (±1% cap)
NOI $59,764 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Electrical Service Dental Office Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store HVAC Service Building Supply Daycare Center (Bike/Boat/Book/etc) Store Storage Facility

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

FAQs

What type of property is this?
Office building - Commercial property in growing Weaverville corridor, near future hospital.
Where is this office building located?
The property is located at 4 Northcrest Drive Weaverville, NC.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Prime location in Weaverville's rapidly expanding commercial and medical corridor, near Walmart and Lowe's.; Proximity to AdventHealth's new 67‑bed hospital, creating a significant healthcare‑driven growth opportunity.; Stabilized, passive NNN income stream with built‑in rental escalations.
Contact an agent
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