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    8 Magnolia Ave Asheville, NC 28801

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    For Lease
    $25 SF/Yr ($2,404 /Mo)

    Two ground floor office units with exposed brick and natural light.

    Property size:
    1,154 SF
    Lot size:
    1,154 SF

    Property Features for 8 Magnolia Ave

    General Information

    Size
    1,154 SF

    Building Details

    Year built
    1929

    Source: Ted Sullivan Agent Ted Sullivan

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

    Overview

    Montford Office Space For Lease

    Located in the Neighborhood Conservation District of Montford, the property at 8 Magnolia Ave offers two independent ground floor offices for lease. Each unit features a unique layout with exposed brick walls and large windows that provide natural light. The site provides outdoor space suitable for team meetings along the Reed Creek Greenway. Onsite parking is shared amongst tenants of the three-floor building. A common entrance in the rear of the building leads to a shared hallway with kitchen access and two bathrooms. Situated on the corner of Magnolia Ave and Broadway St, the property is less than a mile from downtown Asheville, with convenient access to Merrimon Ave, I-26, and Highway 240. The property size is 1154 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Darby Communications Public Relations Firm CharGrow Office Agricultural Product Wholesaler Kloesel Engineering Structural Engineer Active Care Chiropractic ... Chiropractor Dr. Keith Silcox Chiropractor

    Suggested Use

    Restaurant Dental Office Realty agency Law Firm Hair Salon Spa & Massage Nail Salon Building Supply Daycare Center Clothing 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
    -82.558375
    Latitude
    35.603627

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    FAQs

    What type of property is this?
    Office space - Two ground floor office units with exposed brick and natural light.
    Where is this office space located?
    The property is located at 8 Magnolia Ave Asheville, NC.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Prime location: Less than a mile from downtown Asheville with easy access to Merrimon Ave, I-26, and Highway 240.; - Unique office spaces: Two independent ground floor offices with exposed brick walls and large windows providing natural light.; - Ample outdoor space: Ideal for team meetings along the Reed Creek Greenway.
    (864) 993-1194
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    Asheville, NC 28801
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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
    8 Magnolia Ave Asheville, NC 28801
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