Mixed-Use Office and
For Sale
$2,300,000
1257 Sweeten Creek Road #3 PINs, Asheville, NC 28803
Office areas include private rooms, a conference space, a breakroom, and showroom-style frontage alongside storage space.
Property Size11,790 SF
Price / SF$195.08
Days on Market129
Property Features for 1257 Sweeten Creek Road #3 PINs
General Information
Standard status
Active
Size
11,790 SF
Total Parking Spaces
37
Property subtype
Commercial
Zoning
CI
Property Condition
Severity
Repairs Needed
Evidence
needs to be remodeled
Warehouse & Industrial
Warehouse Space
4,680 SF
Office Build-Out
7,110 SF
Additional Details
Furnished
Yes
Property Use
Office, Warehouse
Amenities
private offices
conference room
kitchen/breakroom
large front area
Building Details
Year Built
1980
Buildings
2
Stories
1
Listing Agency:
Pulliam Properties, Inc
(828) 684-4344
Listed By:
James Wilson · License #185498
(828) 768-7098
Source:
Techrealtyllc
Added: Jun 18
Changed: Oct 23
Last Checked: Aug 21 at 11:28AM
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 Pulliam Properties, Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-parcel property combines a 7,110-square-foot office building with a neighboring 4,680-square-foot warehouse and storage building. The office layout includes 10 private offices, a conference room, a small kitchen and breakroom, and a large front area suited to offices or showroom use. Some office furniture is included. The warehouse building requires remodeling. A separate vacant lot of approximately 0.13 acres is also part of the offering.
The property is located on Sweeten Creek Road in Asheville and is zoned CI. The office building was built in 1980.
The property is located on Sweeten Creek Road in Asheville and is zoned CI. The office building was built in 1980.
Key Highlights
- Three parcels include a 7,110‑square‑foot office building, 4,680‑square‑foot warehouse, and vacant lot
- Office layout has 10 private offices, a conference room, and a small kitchen/breakroom
- Large front office area can also serve as showroom space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$126,006
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,520,120
$2.5M
Cap Rate 7%
$1,800,086
$1.8M
Cap Rate 9%
$1,400,067
$1.4M
Market Conditions
NOI Build-Up for 11,790 SF
Gross rent
$212.2K $18.00/SF
− Vacancy
−$10.6K −$0.90/SF
EGI
$201.6K $17.10/SF
− OpEx
−$75.6K −$6.41/SF
NOI
$126.0K $10.69/SF
Area
Buncombe County, NC
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,520,120
Cap Rate 7%
$1,800,086
Cap Rate 9%
$1,400,067
Alternative Uses
Best Use
Office B
$3.12M
$2.73M – $3.65M
NOI $218,743 @ 7.0% cap · market cap 9.51%
Second Best
Mixed Use
$1.80M
$1.58M – $2.10M
NOI $126,006 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$3.73M
$3.26M – $4.35M
NOI $260,971 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
Explore this area
Business Placement
Demographics for 28803, NC
34,108
Population
18,322
Households
1.9
Avg Household Size
43
Median Age
50%
College-Educated
93%
High-School Grad
38.4 sq mi
ZIP Area
888
Density / Sq Mi
$70,638
Median Household Income
$41,057
Median Earnings
$1,455
Median Rent
$408,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office areas include private rooms, a conference space, a breakroom, and showroom-style frontage alongside storage space.
Where is this mixed-use property located?
The property is located at 1257 Sweeten Creek Road #3 PINs Asheville, NC.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Three parcels include a 7,110‑square‑foot office building, 4,680‑square‑foot warehouse, and vacant lot; Office layout has 10 private offices, a conference room, and a small kitchen/breakroom; Large front office area can also serve as showroom space
