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    1639 College Ave Spindale, NC 28160

    For Lease
    $12 SF/Yr

    Retail spaces available in established community shopping center.

    Property size:
    183,040 SF
    Lot size:
    183,040 SF

    Property Features for 1639 College Ave

    General Information

    Size
    183,040 SF

    Source: Hunter Myers Agent Hunter Myers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Spaces in Community Center

    Located on Highway 74 Bypass, this long-established community shopping center offers retail spaces for lease. The center, situated on 26.3 acres, comprises 183,040 square feet. Available spaces range from 1,600 to 5,000 square feet, including a former restaurant space that can be subdivided, as well as a 2,800 square foot outparcel. Pylon signage is available. The location provides excellent visibility and signalized access to U.S. Route 74 Alternate, which sees 20,000 vehicles daily. U.S. 74A is a 60-mile route connecting Asheville, NC, to Forest City, NC. Rutherford County, where the property is located, has a population of approximately 67,000 and is situated less than 75 miles from Asheville, Charlotte, North Carolina, and Greenville, South Carolina. Key tenants in White Oaks Plaza include Hobby Lobby, Tractor Supply Company, Big Lots, Dollar Tree, Workout Anytime, and Transit Furniture.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    Asheville North Carolina

    Map

    City
    Spindale
    County
    Rutherford
    State
    North Carolina
    Longitude
    -81.9215
    Latitude
    35.3605

    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in established community shopping center.
    Where is this shopping center located?
    The property is located at 1639 College Ave Spindale, NC.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Excellent visibility and signalized access to U.S. Route 74 Alternate (20,000 AADT).; - Located in a long-established community shopping center in the main retail hub.; - Pylon signage available.
    (678) 787-5019
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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
    1639 College Ave Spindale, NC 28160
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