Financial
Distress signals
Property profile

240 Mitchelle Dr Hendersonville, NC 28792

OFF-MARKET
Other individual retail properties
Property ID
US53-1621080
22,392 SF 1.54 ac lot Built 2002
Last sale Jul 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a hospitality site in Hendersonville, North Carolina, comprising two parcels totaling 3.87 acres at 240 Mitchelle Drive. One parcel includes a 48-room Red Roof Inn and associated parking, and the second parcel provides more than 2 acres of development land. The hotel building was constructed in 2002. The site is designated as an Opportunity Zone and is zoned C-3. Infrastructure is in place, including sewer service, 3-phase electrical service, gas, water, and storm management,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2024$2.77M
Assessed land$1.01M
Assessed improvement$1.76M

Value estimate

· Sep 2026
$1.01M
$909k – $1.11M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
9965940~C-3
JurisdictionHENDERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.8
Law Firm13.9
Electrical Service10.6

Location

240 Mitchelle Dr Hendersonville, NC 28792-2904
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
301 Main, Hendersonville, NC 28792-5303 $4,850,000 Jan 2025 16,540 SF
636 Spartanburg, Hendersonville, NC 28792-5761 $1,894,500 May 2024 47,604 SF
222 Main, Hendersonville, NC 28792-5084 $1,981,000 Feb 2024 6,245 SF
755 Main, Hendersonville, NC 28792-5079 $1,800,000 Dec 2023 11,728 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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