Office Suite with Private
For Sale
Contact for pricing
1270 Hendersonville Road #2, Asheville, NC 28803
A 1977 office unit fronts Hendersonville Road and includes a generous reception area.
Property Size19,771 SF
Price / SF$1.75
Days on Market8
Property Features for 1270 Hendersonville Road #2
General Information
Standard status
Active
Size
19,771 SF
Property subtype
Office
Additional Details
Road Access
Yes
Property Use
Office
Amenities
Public Sewer
Additional parcels description:, Parcel Number: 9656-05-2357-00000, Assessed Value: $1.8625e+06
Central Air
Heat Pump
Listing ID: CAR4437389, Standard Status: Active, MLS Status: Active, Property Subtype: Office, 2 days on market
55 open parking spaces, 55 total parking spaces
Built in 1977, 1 building
County/Parish: Buncombe
Water Source: City, Public
Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
19,771 SF
Year Built
1977
Listing Agency:
Pulliam Properties, Inc
(828) 684-4344
Listed By:
James Wilson · License #185498
(828) 768-7098
Source:
Blackstreaminternational
Added: Oct 21
Changed: Oct 27
Last Checked: Oct 28 at 7:19AM
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
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Investment Insights
Based on property information with market context.
This 1,600-square-foot office unit at 1270 Hendersonville Road, Suite 2, has three private offices and a large reception area. The building dates to 1977, and the space is available beginning March 1, 2027.
Its layout includes separate offices alongside a substantial reception area, with the unit facing Hendersonville Road.
Its layout includes separate offices alongside a substantial reception area, with the unit facing Hendersonville Road.
Key Highlights
- 1,600 SF office unit
- Three private offices and a large reception area
- Fronts Hendersonville Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,685
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,700
$593.7K
Cap Rate 7%
$424,071
$424.1K
Cap Rate 9%
$329,833
$329.8K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$40.5K $25.32/SF
− Vacancy
−$932 −$0.58/SF
EGI
$39.6K $24.74/SF
− OpEx
−$9.9K −$6.18/SF
NOI
$29.7K $18.55/SF
Area
Buncombe County, NC
Vacancy
2.30%
Lease Rate
$25.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,700
Cap Rate 7%
$424,071
Cap Rate 9%
$329,833
Alternative Uses
Best Use
Office B
$424.1K
$371.1K – $494.8K
NOI $29,685 @ 7.0% cap · market cap 1,060.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$505.9K
$442.7K – $590.3K
NOI $35,416 @ 7.0% cap · market cap 1,264.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A 1977 office unit fronts Hendersonville Road and includes a generous reception area.
Where is this office unit located?
The property is located at 1270 Hendersonville Road #2 Asheville, NC.
What are key features of this property?
This property features: 1,600 SF office unit; Three private offices and a large reception area; Fronts Hendersonville Road
