Remodeled Office
For Sale
Contact for pricing
1270 Hendersonville Road #9, Asheville, NC 28803
Five private offices and a spacious reception area provide a defined layout for professional use.
Property Size19,771 SF
Days on Market14
Property Features for 1270 Hendersonville Road #9
General Information
Standard status
Active
Size
19,771 SF
Property subtype
Commercial
Additional Details
Condition
Newly Renovated
Property Use
Office
Amenities
Public Sewer
Additional parcels description:, Parcel Number: 9656052357, Assessed Value: $1.8625e+06
Central Air
Heat Pump
Listing ID: CAR4437377, Standard Status: Active, MLS Status: Active, Property Subtype: Commercial, 5 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, Private 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: Nov 1
Last Checked: Nov 3 at 6:58AM
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 office unit includes five private offices and a large reception area, along with a restroom. The interior was remodeled with new flooring, paint and ceiling tiles.
The property is at 1270 Hendersonville Road #9 in Asheville, North Carolina. Built in 1977, the unit is available beginning February 1, 2027.
The property is at 1270 Hendersonville Road #9 in Asheville, North Carolina. Built in 1977, the unit is available beginning February 1, 2027.
Key Highlights
- Five private offices
- Large reception area
- Remodeled with new flooring, paint and ceiling tiles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$366,816
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,336,320
$7.3M
Cap Rate 7%
$5,240,229
$5.2M
Cap Rate 9%
$4,075,733
$4.1M
Market Conditions
NOI Build-Up for 19,771 SF
Gross rent
$500.6K $25.32/SF
− Vacancy
−$11.5K −$0.58/SF
EGI
$489.1K $24.74/SF
− OpEx
−$122.3K −$6.18/SF
NOI
$366.8K $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%
$7,336,320
Cap Rate 7%
$5,240,229
Cap Rate 9%
$4,075,733
Alternative Uses
Best Use
Office B
$5.24M
$4.59M – $6.11M
NOI $366,816 @ 7.0% cap · market cap 14,643.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.25M
$5.47M – $7.29M
NOI $437,629 @ 7.0% cap · market cap 17,470.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Five private offices and a spacious reception area provide a defined layout for professional use.
Where is this office unit located?
The property is located at 1270 Hendersonville Road #9 Asheville, NC.
What are key features of this property?
This property features: Five private offices; Large reception area; Remodeled with new flooring, paint and ceiling tiles
