Flex Space with Loading
100 Elk Park Drive #108, Woodfin, NC 28804
For Sale
Contact for pricing
A front office area pairs with warehouse and work space in an established business park.
Property Size1,996 SF
Price / SF$0.01
Days on Market9
Property Features for 100 Elk Park Drive #108
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Amenities
well-maintained outdoor common areas
Public Sewer
Additional parcels description:, Parcel Number: 9730-36-4196-00000, Assessed Value: $7.3135e+06
Carpet, Concrete
Listing ID: CAR4440360, Standard Status: Active, MLS Status: Active, Property Subtype: Warehouse/Office
Other Parking: Ample shared parking with other tenants.
Built in 1996, Living area: 1200
County/Parish: Buncombe
1 total bathroom
All except water
Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
Year Built
Listing Agency:
Likewise Commercial Real Estate
Listed By:
Carla Barnard · License NC #286709
(828) 222-3685
Source:
Blackstreaminternational
Added: Nov 3
Changed: Nov 10
Last Checked: Nov 10 at 2:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Likewise Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,200-square-foot flex unit, built in 1996, combines two private offices at the front with work and warehouse areas. A private loading dock door is located at the rear, providing a distinct loading point for the space.
The unit is within Elk Mountain Business Park in Woodfin, where shared parking and maintained outdoor common areas serve the park. I-26 and US-70 exits are less than a mile away.
The unit is within Elk Mountain Business Park in Woodfin, where shared parking and maintained outdoor common areas serve the park. I-26 and US-70 exits are less than a mile away.
Key Highlights
- 1,200‑square‑foot flex unit built in 1996
- Two private offices at the front, plus work and warehouse areas
- Private loading dock door at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,765
Suggested Prices Based on Cap Rates
Cap Rate 5%
$155,300
$155.3K
Cap Rate 7%
$110,929
$110.9K
Cap Rate 9%
$86,278
$86.3K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$12.2K $10.20/SF
− Vacancy
−$294 −$0.24/SF
EGI
$11.9K $9.96/SF
− OpEx
−$4.2K −$3.48/SF
NOI
$7.8K $6.47/SF
Area
Buncombe County, NC
Vacancy
2.40%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$155,300
Cap Rate 7%
$110,929
Cap Rate 9%
$86,278
Alternative Uses
Best Use
Warehouse
$145.1K
$126.9K – $169.2K
NOI $10,154 @ 7.0% cap
Second Best
Industrial
$119.5K
$104.5K – $139.4K
NOI $8,362 @ 7.0% cap
Theoretical Best
Office A
$379.5K
$332.0K – $442.7K
NOI $26,562 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 28804, NC
23,964
Population
11,716
Households
2
Avg Household Size
44
Median Age
60%
College-Educated
93%
High-School Grad
28.7 sq mi
ZIP Area
835
Density / Sq Mi
$79,709
Median Household Income
$37,169
Median Earnings
$1,399
Median Rent
$528,500
Median Home Value
Market
Average Price Trend$/SF for Flex space in Buncombe County, NC
Properties on Market for Flex space in Buncombe County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A front office area pairs with warehouse and work space in an established business park.
Where is this flex space located?
The property is located at 100 Elk Park Drive #108 Woodfin, NC.
What are key features of this property?
This property features: 1,200‑square‑foot flex unit built in 1996; Two private offices at the front, plus work and warehouse areas; Private loading dock door at the rear
