130 Oakland Hills Drive, Etowah, NC 28729

Building Details

Year Built

1965

Listing agent CHRIS GRAGTMANS License #293485

Listing office KELLER WILLIAMS PROFESSIONALS c***@kw.com Show Phone

Listing date Apr 15, 2026

Source Corcoran

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

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Overview

This turnkey self-storage and industrial income property is located in the Etowah/Flat Rock corridor. The property features a stabilized self-storage operation with 40 units, two contractor garages, open-air RV/boat/trailer storage, and a main industrial building. The main industrial building is currently vacant, offering an opportunity for owner occupancy or lease-up. The pro forma NOI is $55,000, supported by three years of trailing financials. Capital improvement expenditures in 2025 are expected to normalize in a stabilized year. Additional upside exists for a buyer who leases the main building or increases rents on the storage inventory. The current ownership has invested in a new automated gate system, redesigned website, and streamlined operations. The asset is well-positioned for efficient operation. Etowah is located in Henderson County's commercial growth corridor, with access to Hendersonville, Brevard, and Asheville. Demand for self-storage and contractor/outdoor storage is driven by residential growth, the trades, and outdoor recreation culture. The property weathered Helene without flooding.

Suggested Use

Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

Location Insight

• Map
• Local Demand

City

Etowah

County

Henderson

State

North Carolina

Longitude

-82.6045685

Latitude

35.3137065

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FAQs

What type of property is this?

Self storage facility - Income-generating self-storage and industrial property in Etowah, North Carolina.

Where is this self storage facility located?

The property is located at 130 Oakland Hills Drive Etowah, NC.

What is the asking price?

The asking price for this property is $699,500.

What are key features of this property?

This property features: 7.86% Cap Rate: Rare, stabilized income property with immediate returns.; Turnkey Operation: Self‑storage, garages, and open‑air storage already in place with streamlined operations.; Immediate Upside: Main industrial building is vacant and ready for owner occupancy or lease‑up.