Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Flex Industrial Asset in Candler Title is generated by Realmo AI

    39 Brookside Circle, Candler, NC 28715

    View on Map
    Claim this Listing
    For Lease
    $5,302/Mo $13 SF/Yr (calc)

    COMMERCIAL - Candler, NC

    Type:Office
    Property size:
    4,713 SF
    Lot size:
    0.15 Acres
    Added:
    Mar 13, 2026
    Days on Market:
    64
    Last Refresh:
    May 15 at 1:06 pm

    Property Features for 39 Brookside Circle

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Zoning
    HB
    Parking features
    Garage, Garage - Attached, Open
    Standard status
    Active
    APN
    9617-44-6968-00000
    Size
    4,713 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Description
    DEED DATE: 03/23/2012 DEED: 4966-1486 SUBDIV: L D THRASH PROP BLOCK: A LOT: 1-2-3 SECTION: PLAT: 0015-0073

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1976
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Concrete, Wood
    Building materials
    Metal, Synthetic Stucco
    Roof type
    Metal

    We can help!

    Listing Contact
    Scott Mirkin

    Listing agent Scott Mirkin License #324454

    Listing office Keller Williams Professionals 48 Grove St, asheville, NC

    Listing date Mar 13, 2026

    MLS# 4357090

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Convenient access to I‑40 (less than 1 mile).
    • ~3,950 SF of flex warehouse space with ~763 SF of office/reception area.
    • High visibility from Smokey Park Highway (~32,000 VPD traffic count).
    • ~4,096 SF of upstairs space with potential for conversion to finished area.
    • Thoughtfully renovated and maintained building.
    • Available for lease or purchase.

    Overview

    This unique flex industrial asset in Candler, NC, is available for lease and purchase. The building has been renovated and maintained by the current owner. The downstairs area features approximately 3,950 square feet of flex warehouse space, complemented by an additional 763 square feet of office and reception area. The upstairs provides approximately 4,096 square feet of additional space that can be used for storage, with the potential for conversion into finished area. The property benefits from visibility on Smokey Park Highway, which sees a traffic count of approximately 32,000 vehicles per day, and convenient access to I-40, located less than 1 mile away. The lot size is 0.15 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Candler
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.6495884
    Latitude
    35.5498342

    Nearby Similar for Lease

    • $5,649/Mo

      Turnkey Industrial/Flex Space Available

      Well-equipped industrial facility for lease, ready for immediate operation.
      5 Sagefield Drive, Candler, NC 28715
      View Details
    • Contact for pricing

      Renovated Suites For Lease

      Fully renovated suites available for lease with on-site parking.
      1449 Smokey Park Hwy, Candler, NC 28715
      View Details
    • Contact for pricing
      224,640 SF

      Enka Commerce Park Industrial Space

      Class-A industrial buildings in established park, build-to-suit opportunity.
      264 Enka Heritage Parkway, Candler, NC 28715
      View Details
    • Contact for pricing
      585,360 SF

      Enka Commerce Park Industrial Space

      Class-A industrial buildings available for lease, sale, or build-to-suit.
      274 Enka Heritage Pkwy, Candler, NC 28715
      View Details
    • Contact for pricing
      585,360 SF

      Enka Commerce Park Industrial Space

      Class-A industrial buildings in established Enka Commerce Park.
      261 Enka Heritage Pkwy, Candler, NC 28715
      View Details
    • Contact for pricing
      585,360 SF

      Enka Commerce Park Industrial Space

      Class-A industrial buildings totaling ±585,360 SF in Candler, NC.
      264 Enka Heritage Parkway, Candler, NC, Candler, NC 28715
      View Details

    FAQs

    What type of property is this?
    Flex space - Renovated flex warehouse with office space and storage.
    Where is this flex space located?
    The property is located at 39 Brookside Circle Candler, NC.
    What is the lease rate?
    The lease rate is $5,302 /Mo.
    What are key features of this property?
    This property features: Convenient access to I‑40 (less than 1 mile).; ~3,950 SF of flex warehouse space with ~763 SF of office/reception area.; High visibility from Smokey Park Highway (~32,000 VPD traffic count).
    (828) 335-0808
    We can help!
    Listing Contact
    Scott Mirkin
    Real Estate License ID: 324454
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    39 Brookside Circle, Candler, NC 28715
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!