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Property profile & analytics
OFF-MARKET
Warehouses

329 Gashes Crk Rd Asheville, NC 28803-9405

4,446 SF 2.6 ac lot Built 1980
Entity Owned 1-yr Hold Free & Clear
Property ID
US53-1661912
Property summary
AI-generated overview

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 profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1980
Construction STEEL FRAME
Total area 4,446 SF
Lot 2.6 ac (113,256 SF)
Zoning code DEED DATE:05/25/2023 DEED
APN 9667-08-9980-00000
UPID US53-1661912
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gashes Creek LLC · 1 yrs held
Gashes Creek LLC
since 2025
Last sale
$1.8M
2 recorded transactions
2025
$1.8M
2023
$600,000
Zoning & alternative use
DEED DATE:05/25/2023 DEED · Asheville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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