Office Building with Private
New
For Sale
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3175 SWEETEN CREEK RD, Asheville, NC 28803
A 2022 renovation added a reception area, break space, two restrooms, and central HVAC.
Property Size2,254 SF
Lot Size0.41 Acres
Price / SF$376.66
Days on Market3
Property Features for 3175 SWEETEN CREEK RD
General Information
Standard status
Active
Size
2,254 SF
Total Parking Spaces
14
Lot size
0.41 Acres
Property subtype
OFFICE
Additional Details
Road Access
Yes
Amenities
reception/waiting area
10 private offices
two restrooms
break area
office storage
central HVAC
Building Details
Year Renovated
2022
Buildings
1
Stories
1
Building Size
2,254 SF
Listing Agency:
G/M Property Group LLC
(828) 281-4024
Listed By:
John R. Menkes · License #194446
(828) 606-9658
Source:
Moodyscre
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 15 at 2:30AM
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 G/M Property Group LLC
Investment Insights
Based on property information with market context.
This single-story office building contains approximately 2,254 square feet on a 0.41-acre parcel. Renovated in 2022, its layout includes 10 private offices, a reception and waiting area, two restrooms, a break area, and office storage. Central HVAC serves the building, and 14 paved parking spaces are on site.
The property fronts Sweeten Creek Road in Asheville, with approximately 85 feet along the road. The corridor carries about 17,000 vehicles per day.
The property fronts Sweeten Creek Road in Asheville, with approximately 85 feet along the road. The corridor carries about 17,000 vehicles per day.
Key Highlights
- Single‑story office building with approximately 2,254 SF
- 10 private offices, reception and waiting area, break area, office storage, and two restrooms
- Renovated in 2022; central HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,819
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$836,380
$836.4K
Cap Rate 7%
$597,414
$597.4K
Cap Rate 9%
$464,656
$464.7K
Market Conditions
NOI Build-Up for 2,254 SF
Gross rent
$57.1K $25.32/SF
− Vacancy
−$1.3K −$0.58/SF
EGI
$55.8K $24.74/SF
− OpEx
−$13.9K −$6.18/SF
NOI
$41.8K $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%
$836,380
Cap Rate 7%
$597,414
Cap Rate 9%
$464,656
Alternative Uses
Best Use
Office B
$597.4K
$522.7K – $697.0K
NOI $41,819 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$712.7K
$623.7K – $831.5K
NOI $49,892 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
782
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - A 2022 renovation added a reception area, break space, two restrooms, and central HVAC.
Where is this office building located?
The property is located at 3175 SWEETEN CREEK RD Asheville, NC.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Single‑story office building with approximately 2,254 SF; 10 private offices, reception and waiting area, break area, office storage, and two restrooms; Renovated in 2022; central HVAC
