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    329+Adj Lot Gashes Crk Rd Asheville, NC 28803

    For Sale
    $2,000,000

    Spacious warehouse, great development potential.

    Property size:
    4,877 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 4,877 square foot general commercial property presents a unique investment opportunity in Asheville, NC. Strategically located at the intersection of I-240, I-40, and Highway 74A, this property offers unparalleled access to major transportation arteries, ensuring convenient commutes and efficient logistics. Currently utilized for tech equipment manufacturing, the building boasts a stylish and updated interior, featuring a comfortable break room and three bathrooms (two employee and one owner's with shower). The climate control system is comprehensive, incorporating heat pumps, mini-splits, and LP ceiling heat, ensuring year-round comfort. Loading and unloading are facilitated by two 14-foot and two 12-foot roll-up doors. The entire building is well-insulated for energy efficiency. The property encompasses a total of 2.61 acres, with the main building situated on 0.64 acres and an additional 1.97 acres of vacant land offering significant development potential. City water and sewer services are readily available. This property is priced at $2,000,000 and represents a rare blend of immediate usability and future expansion possibilities in a highly desirable Asheville location.

    Property Features for 329+Adj Lot Gashes Crk Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,877 SF
    Lot Size
    113,692 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.49396
    Latitude
    35.58123

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious warehouse, great development potential.
    Where is this commercial real estate located?
    The property is located at 329+Adj Lot Gashes Crk Rd Asheville, NC.
    What is the asking price?
    The asking price for this property is $2,000,000.
    (828) 255-4663
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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
    329+Adj Lot Gashes Crk Rd Asheville, NC 28803
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