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    701 Oriole Dr Hendersonville, NC 28792

    Sponsored
    For Sale
    $3,973,871

    72,785 SF Industrial Building, 4.13 Acres

    Property size:
    72,785 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 72,785 square foot industrial building presents a unique investment opportunity in Hendersonville, NC. The structure, built of durable masonry, concrete, and steel, offers significant adaptive reuse potential. Situated on a generous 4.13-acre lot, the property boasts light industrial zoning, allowing for a diverse range of commercial and office uses. Its robust construction ensures longevity and resilience, making it an attractive option for long-term investors. The building's spacious layout provides ample room for customization and tenant improvements, catering to a variety of business needs. The strategic location in Hendersonville offers convenient access to major transportation arteries and local amenities, enhancing its appeal to potential tenants and maximizing its market value. This prime location within a thriving area promises strong potential for long-term rental income and capital appreciation. The property's size and versatility make it ideal for a variety of businesses seeking a substantial and well-constructed space in a desirable location. This is a rare opportunity to acquire a substantial industrial property with significant upside potential in a growing market. The combination of size, location, and zoning makes this an exceptional investment prospect.

    Property Features for 701 Oriole Dr

    General Information

    Property type
    Industrial properties
    Square Feet
    72,785 SF
    Lot Size
    179,903 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    The Oriole Mill Weaving Mill Libby O'Bryan Artist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hendersonville
    County
    Henderson
    State
    North Carolina
    Longitude
    -82.45959
    Latitude
    35.32844

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    FAQs

    What type of property is this?
    Industrial property - 72,785 SF Industrial Building, 4.13 Acres
    Where is this industrial property located?
    The property is located at 701 Oriole Dr Hendersonville, NC.
    What is the asking price?
    The asking price for this property is $3,973,871.
    (828) 665-9085
    Request Owner's contact information
    701 Oriole Dr Hendersonville, NC 28792
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    Hendersonville, NC 28792
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    Realmo Value Estimation

    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.

    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.

    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
    701 Oriole Dr Hendersonville, NC 28792
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