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    90 Christ School Rd Arden, NC 28704

    Sponsored
    For Sale
    $11,000,000

    7.5-Acre Manufacturing/Warehouse Complex

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional industrial property, located at 90 Christ School Road in Arden, NC, presents a significant investment opportunity. Spanning 7.49 acres, the complex comprises two side-by-side manufacturing/warehouse buildings totaling 122,397 square feet. The property boasts a strong tenant in place, secured under a lease expiring October 2, 2026, at a rate of $8.00 per square foot. The buildings feature efficient layouts with column spacing of 30' x 40' and 20' x 30', providing ample space for various industrial operations. Loading and unloading are facilitated by eight truck docks and two drive-in doors. Approximately 11,000 square feet of office space is included, providing comfortable administrative areas. High ceilings, ranging from 24 feet to 36 feet depending on the building, offer significant vertical clearance for storage and operations. This property's strategic location in South Asheville, combined with its substantial size, modern features, and existing lease, makes it an ideal acquisition for investors seeking a stable, high-return industrial asset. The asking price for this exceptional property is $11,000,000.

    Property Features for 90 Christ School Rd

    General Information

    Property type
    Industrial properties
    Lot Size
    326,264 SF

    Building Details

    Year Built
    1972
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Arden
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5057
    Latitude
    35.45763

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    FAQs

    What type of property is this?
    Industrial property - 7.5-Acre Manufacturing/Warehouse Complex
    Where is this industrial property located?
    The property is located at 90 Christ School Rd Arden, NC.
    What is the asking price?
    The asking price for this property is $11,000,000.
    (828) 684-4344
    Request Owner's contact information
    90 Christ School Rd Arden, NC 28704
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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
    90 Christ School Rd Arden, NC 28704
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