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6.8 AC Development Opportunity

1710 Spartanburg Hwy, Hendersonville, NC 28792

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For Sale

$1,250,000

6.8 AC site suitable for retail, flex, or industrial uses.

Property size:

7,200 SF

Lot size:

6.80 Acres

Price / SF:

$173/SF

HighLights

6.8 AC site with CC county zoning suitable for retail, flex, self‑storage, or industrial uses.
Located on Spartanburg Hwy, a high‑traffic gateway from I‑26 into downtown.
Approximately 2 acres along US 176 are level and outside the floodplain.
Features 2 curb cuts and public utilities.
Site plan includes a 7,200 SF building.
Positioned between retail expansion on Upward Rd and the CBD district on S Main St.

We can help!

Contact an agent

Mark Morris

For Sale

$1,250,000

6.8 AC site suitable for retail, flex, or industrial uses.

Property size:

7,200 SF

Lot size:

6.80 Acres

Price / SF:

$173/SF

Added:: Apr 9, 2025
Days on Market:: 454
Last Refresh:: Jun 29 at 5:06 am

Property Features for 1710 Spartanburg Hwy

General Information

Standard status: Active
Size: 7,200 SF
Lot size: 6.80 Acres

We can help!

Contact an agent

Mark Morris

Listing office NAI Allen Tate Beverly-Hanks Commercial

Listing date Apr 9, 2025

Source Exprealty

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

All listing content including descriptions, pricing, images are the copyrighted material of NAI Allen Tate Beverly-Hanks Commercial

HighLights

6.8 AC site with CC county zoning suitable for retail, flex, self‑storage, or industrial uses.
Located on Spartanburg Hwy, a high‑traffic gateway from I‑26 into downtown.
Approximately 2 acres along US 176 are level and outside the floodplain.
Features 2 curb cuts and public utilities.
Site plan includes a 7,200 SF building.
Positioned between retail expansion on Upward Rd and the CBD district on S Main St.

Overview

This 6.8-acre site presents an outstanding development opportunity for freestanding retail, flex, self-storage, or industrial uses, compatible with CC county zoning. The near-level site features two curb cuts and public utilities. A site plan includes a 7,200 square foot building. The property fronts Spartanburg Highway and is situated midway between Upward Road, noted for retail expansion to the southeast, and South Main Street, the central business district to the northwest. Approximately two acres along the five-lane US 176 are level and outside the floodplain. The surrounding area along this high-traffic gateway from I-26 into downtown Hendersonville features auto dealerships, apartments, mixed retail, and various local eateries and service businesses.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$129.6k	$18.00
− Vacancy	−$2.5k	−$0.34
EGI	$127.1k	$17.66
− OpEx	−$38.1k	−$5.30
NOI	$89.0k	$12.36

7,200 SF · lease $18.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.27M

$1.11M – $1.48M (±1% cap)

NOI $88,996 @ 7.0% cap · market cap 7.12%

Second Best

Self Storage

$765.5K

$669.8K – $893.1K (±1% cap)

NOI $53,585 @ 7.0% cap · market cap 4.29%

Theoretical Best

Office A

$2.40M

$2.10M – $2.80M (±1% cap)

NOI $167,962 @ 7.0% cap · market cap 13.44%

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

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Hendersonville
County: Henderson
State: North Carolina
Longitude: -82.4336
Latitude: 35.2963

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For sale
Commercial land
NC
Hendersonville
28792
1710 Spartanburg Hwy

What type of property is this?

Commercial land - 6.8 AC site suitable for retail, flex, or industrial uses.

Where is this commercial land located?

The property is located at 1710 Spartanburg Hwy Hendersonville, NC.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: 6.8 AC site with CC county zoning suitable for retail, flex, self‑storage, or industrial uses.; Located on Spartanburg Hwy, a **high‑traffic gateway from I‑26 into downtown.**; Approximately 2 acres along US 176 are **level and outside the floodplain.**