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    123 Francis Rd Hendersonville, NC 28792

    Sponsored
    For Sale
    $900,000

    US 64 Corridor, 1.79 Acres, Development Ready

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1.79-acre commercial property presents a unique investment opportunity in the thriving Hendersonville, NC market. Strategically located on the heavily trafficked US 64 corridor, this site boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The property's prime location places it in close proximity to numerous established restaurants and hotels, ensuring high foot traffic and a strong customer base for any new development. The existing zoning allows for a variety of commercial uses, providing flexibility for potential buyers to tailor the property to their specific needs and vision. This is a rare chance to acquire a substantial parcel of land in a high-demand area, poised for significant growth and return on investment. The asking price reflects a recent significant reduction, presenting a compelling opportunity for savvy investors to secure a prime piece of Hendersonville real estate at a highly competitive price. The property's size and location make it suitable for a variety of commercial developments, from retail spaces to office buildings, or even a mixed-use project. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. The seller is motivated and ready to negotiate. Don't miss this chance to capitalize on this prime location and build your business success. Act quickly, as opportunities like this are rare.

    Property Features for 123 Francis Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    77,972 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Hendersonville
    County
    Henderson
    State
    North Carolina
    Longitude
    -82.44231
    Latitude
    35.34632

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    FAQs

    What type of property is this?
    Commercial real estate - US 64 Corridor, 1.79 Acres, Development Ready
    Where is this commercial real estate located?
    The property is located at 123 Francis Rd Hendersonville, NC.
    What is the asking price?
    The asking price for this property is $900,000.
    (828) 290-1000
    Request Owner's contact information
    123 Francis Rd 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
    123 Francis Rd Hendersonville, NC 28792
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