46 Vance Avenue Black Mountain, NC 28711
Commercial property near downtown Black Mountain with STR potential.
- Added:
- May 20, 2026
- Days on Market:
- 54
- Last Refresh:
- Jul 3 at 5:56 am
Property Features for 46 Vance Avenue
General Information
- Standard status
- Active
- Size
- 1,452 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2026
Listing office KELLER WILLIAMS PROFESSIONALS (828) 254-7253
Listing date May 20, 2026
Source Corcoran
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
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location: just 500 steps from downtown Black Mountain.
- Zoning allows for light commercial use and Short Term Rentals (STRs).
- New construction by reputable local builder, Noble Carpentry Inc.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.8k | $25.32 |
| − Vacancy | −$846 | −$0.58 |
| EGI | $35.9k | $24.74 |
| − OpEx | −$9.0k | −$6.18 |
| NOI | $26.9k | $18.55 |
