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    329 Gashes Creek Rd Asheville, NC 28803

    For Sale
    $1,500,000

    Spacious warehouse, ideal for tech or flex use.

    Property size:
    4,877 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 4,877 square foot general commercial warehouse is strategically located in Asheville, NC, at the convergence of I-240, I-40, and Highway 74A, offering unparalleled access to major transportation arteries. Currently utilized for tech equipment manufacturing, this versatile space presents a unique opportunity for a variety of businesses. Situated on a 0.64-acre lot with an additional 1.97 acres available for purchase at a combined price of $2,000,000, this property provides ample room for expansion or future development. The building boasts modern amenities including city water and sewer connections, ensuring seamless operations. The interior is stylish and updated, featuring a comfortable break room, two employee restrooms, and a private owner's bathroom complete with a shower. Efficient heating is provided by a combination of heat pumps, mini-splits, and LP ceiling heat. Loading and unloading are facilitated by two 14-foot and two 12-foot roll-up doors. The entire building is fully insulated, contributing to energy efficiency and a comfortable working environment. This property represents a rare blend of prime location, modern amenities, and significant expansion potential, making it an exceptional investment opportunity in the thriving Asheville market.

    Property Features for 329 Gashes Creek Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,877 SF
    Lot Size
    27,878 SF

    Building Details

    Year Built
    1980
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.49406
    Latitude
    35.56554

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious warehouse, ideal for tech or flex use.
    Where is this commercial real estate located?
    The property is located at 329 Gashes Creek Rd Asheville, NC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (828) 255-4663
    Request Owner's contact information
    329 Gashes Creek Rd Asheville, NC 28803
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    Asheville, NC 28803
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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 Gashes Creek Rd Asheville, NC 28803
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