Versatile Commercial Property Near
535 Old Rosman Highway Brevard, NC 28712
535 Old Rosman Highway, Brevard, NC, 28712
$495,000
For Sale
$495,000
SINGLE_FAMILY - Brevard, NC
Property Size2,800 SF
Lot Size1.44 Acres
Price / SF$176.79
Days on Market113
Property Features for 535 Old Rosman Highway
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Driveway
- Standard status
- Active
- APN
- 8563-16-8175-000
- Size
- 2,800 SF
- Lot size
- 1.44 Acres
Taxes and HOA fees
- Tax Description
- OFF HWY 64 .
Building Details
- Year built
- 2003
Listing Agency
Tinsley's Land and Home Inc.
(828) 553-5146
43 South Broad Street Suite 204, Brevard, NC
Listed by
John Tinsley · License #276290
(828) 553-5146
Added: Mar 29 Checked: Jul 19 at 8:06 am
MLS# 4362907
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.
This commercial property is located between Brevard and Rosman, North Carolina. The 2,800 sq ft building is situated on a 1.44-acre lot just off Highway 64, providing convenient access. The property features a large shop area with a bathroom and shower, along with ample parking. A gated back lot offers secure storage space for equipment and vehicles. The office area includes a reception area, kitchen, two bathrooms, and loft storage. This Transylvania County property is suitable for contractors, service businesses, or any operation requiring a combination of shop and office space.
Key Highlights
- Excellent commercial location with easy access off Highway 64.
- 2,800 sq ft building on 1.44 acres.
- Large shop area with bathroom and shower.
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 | $67.2k | $24.00 |
| − Vacancy | −$9.5k | −$3.38 |
| EGI | $57.7k | $20.62 |
| − OpEx | −$14.4k | −$5.15 |
| NOI | $43.3k | $15.46 |
2,800 SF · lease $24.00/SF/yr · vacancy 14.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$618.5K
$541.2K – $721.6K
NOI $43,294 @ 7.0% cap · market cap 8.75%
Second Best
Flex RnD
$486.7K
$425.9K – $567.8K
NOI $34,070 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$824.6K
$721.6K – $962.1K
NOI $57,725 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
J D Galloway ...
General Contractor
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - 2,800 sq ft building on 1.44 acres near Highway 64.
Where is this flex space located?
The property is located at 535 Old Rosman Highway Brevard, NC.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Excellent commercial location with easy access off Highway 64.; 2,800 sq ft building on 1.44 acres.; Large shop area with bathroom and shower.
