Retail Suite with Medical
1829 Hendersonville Road #30, Asheville, NC 28803
For Sale
New
Contact for pricing
The interior includes plumbed treatment rooms, reception, staff lounge, and administrative space.
Property Size2,008 SF
Price / SF$0.01
Days on Market6
Property Features for 1829 Hendersonville Road #30
General Information
Standard status
Size
Property subtype
Additional Details
Condition
Anchor Co-Tenants
Property Use
Amenities
Paved
Public Sewer
Additional parcels description:, Parcel Number: 9655-16-0801-00000, Assessed Value: $6.4263e+06, Zoning: HB
Carpet, Laminate
Central Air
Central
Listing ID: CAR4440641, Standard Status: Active, MLS Status: Active, Property Subtype: Retail
Other Parking: Parking is as-is, where-is, and in common with the other tenants
Built in 2008, Living area: 2000, Construction Materials: Brick Full
County/Parish: Buncombe
Elevation: 2000
2 total bathrooms
Cable Available, Electricity Connected, Natural Gas, Phone Connected, Wired Internet Available, Water Source: City
Slab
All Utilities
Frontage Type: Highway, Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
Year Built
Listing Agency:
Keller Williams Professionals
(828) 254-7253
Listed By:
Scott Mirkin · License #324454
(828) 335-0808
Source:
Blackstreaminternational
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 7:02AM
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 Keller Williams Professionals
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Investment Insights
Based on property information with market context.
This 2,000-square-foot retail suite has a medical-office layout with individually plumbed rooms, a reception area, staff lounge, and administrative offices. The property was built in 2008, and the existing configuration supports a range of service-oriented operations.
The suite is at 1829 Hendersonville Road in the Biltmore Forest area of South Asheville. Tupelo Honey is a neighboring anchor, with YogaSix and StretchLabs also among the center’s tenants.
The suite is at 1829 Hendersonville Road in the Biltmore Forest area of South Asheville. Tupelo Honey is a neighboring anchor, with YogaSix and StretchLabs also among the center’s tenants.
Key Highlights
- 2,000‑square‑foot retail suite
- Individually plumbed medical offices
- Reception area, staff lounge, and administrative offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,450
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,000
$469.0K
Cap Rate 7%
$335,000
$335.0K
Cap Rate 9%
$260,556
$260.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$34.1K $17.04/SF
− Vacancy
−$579 −$0.29/SF
EGI
$33.5K $16.75/SF
− OpEx
−$10.1K −$5.03/SF
NOI
$23.5K $11.73/SF
Area
Buncombe County, NC
Vacancy
1.70%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,000
Cap Rate 7%
$335,000
Cap Rate 9%
$260,556
Alternative Uses
Best Use
Office B
$530.1K
$463.8K – $618.4K
NOI $37,106 @ 7.0% cap · market cap 132,521.43%
Second Best
Healthcare Medical
$474.3K
$415.0K – $553.4K
NOI $33,202 @ 7.0% cap · market cap 118,578.57%
Theoretical Best
Office A
$632.4K
$553.4K – $737.8K
NOI $44,270 @ 7.0% cap · market cap 158,107.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
725
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
$408,600
Median Home Value
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Market
Average Price Trend$/SF for Retail space in Asheville, NC
Properties on Market for Retail space in Asheville
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - The interior includes plumbed treatment rooms, reception, staff lounge, and administrative space.
Where is this retail space located?
The property is located at 1829 Hendersonville Road #30 Asheville, NC.
What are key features of this property?
This property features: 2,000‑square‑foot retail suite; Individually plumbed medical offices; Reception area, staff lounge, and administrative offices
