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    Hendersonville Warehouse and Office Building Title is generated by Realmo AI

    1495 North Main Street, Hendersonville, NC 28739

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    For Sale
    $2,850,000

    35,100 SF building on 3.55 acres near downtown.

    Type:Commercial/Industrial
    Property size:
    35,100 SF
    Lot size:
    3.55 Acres
    Price / SF:
    $81/SF
    Added:
    Mar 12, 2026
    Days on Market:
    66
    Last Refresh:
    Apr 5 at 11:53 pm

    Property Features for 1495 North Main Street

    General Information

    Standard status
    Active
    Size
    35,100 SF
    Lot size
    3.55 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1953

    We can help!

    Listing Contact
    James Wilson
    James Wilson

    Listing agent James Wilson License #185498

    Listing office Pulliam Properties, Inc

    Listing date Mar 12, 2026

    Source Exitrealty

    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

    HighLights

    • Prime location overlooking Patton Park and the Ocklawaha Trail.
    • Located in a rapidly developing section of Henderson County, near downtown Hendersonville.
    • Two parcels totaling approximately 3.55 acres.
    • Main building is 35,100 square feet, including 2,700 square feet of office space.
    • New roof installed on the main building in 2021.
    • Includes 2 truck docks and a roll‑up door with 12' ceilings.

    Overview

    Located on a hill overlooking Patton Park and the Ocklawaha Trail, this property is situated in the rapidly developing section of Henderson County, just outside of the Hendersonville City Limits, yet near downtown Hendersonville. The property includes two parcels, identified by Tax Pin# 9569644321 & 956944182, totaling approximately 3.55 acres. The property is mostly level, providing ample area for parking around the building, with an expandable parking area behind the building. The main building, which had a new roof installed in 2021, measures 32,400 square feet with an additional 2,700 square feet of office area, totaling 35,100 square feet. The building features two truck docks and a roll-up door in the main building, complemented by 12-foot ceilings. This property offers many possible uses in a high-growth area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Standard Tytape Co Professional Services

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • A Family Mini Storage — 337 N Main St, Hendersonville, NC 28792
    • K&K Davis Transport LLC — 516 5th Ave E, Hendersonville, NC 28792

    Location Insight

    • Map
    • Local Demand
    City
    Hendersonville
    County
    Henderson
    State
    North Carolina
    Longitude
    -82.4657
    Latitude
    35.3329

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    FAQs

    What type of property is this?
    Warehouse - 35,100 SF building on 3.55 acres near downtown.
    Where is this warehouse located?
    The property is located at 1495 North Main Street Hendersonville, NC.
    What is the asking price?
    The asking price for this property is $2,850,000.
    What are key features of this property?
    This property features: Prime location overlooking Patton Park and the Ocklawaha Trail.; Located in a rapidly developing section of Henderson County, near downtown Hendersonville.; Two parcels totaling approximately 3.55 acres.
    (828) 684-4344
    We can help!
    Listing Contact
    James Wilson
    James Wilson
    Real Estate License ID: 185498
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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