Remodeled Office
For Sale
Contact for pricing
1270 Hendersonville Road #10, Asheville, NC 28803
The floor plan provides private offices, a conference room, reception space, and a break area.
Property Size19,771 SF
Price / SF$2.08
Days on Market11
Property Features for 1270 Hendersonville Road #10
General Information
Standard status
Active
Size
19,771 SF
Property subtype
Office
Additional Details
Property Use
Office
Amenities
Public Sewer
Additional parcels description:, Parcel Number: 9656052357, Assessed Value: $1.8625e+06, Zoning: HB
Vinyl
Central Air
Heat Pump
Listing ID: CAR4437366, Standard Status: Active, MLS Status: Active, Property Subtype: Office, 5 days on market
55 open parking spaces, 55 total parking spaces
Built in 1977, 1 building
County/Parish: Buncombe
Cable Available, Electricity Connected, 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 31
Last Checked: Oct 30 at 3:12PM
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 1,129-square-foot office suite has three offices, a conference room, reception space, and a break area. Improvements include updated flooring, lighting, ceiling tiles, paint, and restrooms. The property was built in 1977.
Suite 10 is positioned at the rear of the building at 1270 Hendersonville Road in Asheville, with views overlooking Hendersonville Road. Parking is available at the front entrance.
Suite 10 is positioned at the rear of the building at 1270 Hendersonville Road in Asheville, with views overlooking Hendersonville Road. Parking is available at the front entrance.
Key Highlights
- 1,129 square feet of office space
- Three offices, a conference room, reception area, and break area
- Updated flooring, lighting, ceiling tiles, paint, and restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,947
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,940
$418.9K
Cap Rate 7%
$299,243
$299.2K
Cap Rate 9%
$232,744
$232.7K
Market Conditions
NOI Build-Up for 1,129 SF
Gross rent
$28.6K $25.32/SF
− Vacancy
−$657 −$0.58/SF
EGI
$27.9K $24.74/SF
− OpEx
−$7.0K −$6.18/SF
NOI
$20.9K $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%
$418,940
Cap Rate 7%
$299,243
Cap Rate 9%
$232,744
Alternative Uses
Best Use
Office B
$299.2K
$261.8K – $349.1K
NOI $20,947 @ 7.0% cap · market cap 890.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$357.0K
$312.4K – $416.5K
NOI $24,990 @ 7.0% cap · market cap 1,062.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
368
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The floor plan provides private offices, a conference room, reception space, and a break area.
Where is this office unit located?
The property is located at 1270 Hendersonville Road #10 Asheville, NC.
What are key features of this property?
This property features: 1,129 square feet of office space; Three offices, a conference room, reception area, and break area; Updated flooring, lighting, ceiling tiles, paint, and restrooms
