478 South Bobs Creek Rd, Zirconia, NC 28790

Listing Agency: One Community Real Estate

Listed By: Leigh Brown Show Phone

Source: Onecommunity

Added: Oct 28 Changed: Nov 6 Last Checked: Nov 8 at 5:26AM

Report an Issue

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 One Community Real Estate

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$36,064

Cap Rate

4.37%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$721,280 $721.3K

Cap Rate 7%

$515,200 $515.2K

Cap Rate 9%

$400,711 $400.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,860 SF

Gross rent

$43.7K $9.00/SF

− Vacancy

−$1.3K −$0.27/SF

EGI

$42.4K $8.73/SF

− OpEx

−$6.4K −$1.31/SF

NOI

$36.1K $7.42/SF

Area

Henderson County, NC

Vacancy

3.00%

Lease Rate

$9.00 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$721,280

Cap Rate 7%

$515,200

Cap Rate 9%

$400,711

Alternative Uses

Best Use

Warehouse

$515.2K

$450.8K – $601.1K (±1% cap)

NOI $36,064 @ 7.0% cap · market cap 4.37%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.62M

$1.42M – $1.89M (±1% cap)

NOI $113,374 @ 7.0% cap · market cap 13.74%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Garden Center Real Estate Agency Restaurant Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 28790, NC

3,128

Population

1,728

Households

1.8

Avg Household Size

48

Median Age

23%

College-Educated

97%

High-School Grad

47.6 sq mi

ZIP Area

66

Density / Sq Mi

$98,115

Median Household Income

$35,186

Median Earnings

$1,242

Median Rent

$412,100

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Frequently Asked Questions

Where is this warehouse located?

The property is located at 478 South Bobs Creek Rd Zirconia, NC.

What is the asking price?

The asking price for this property is $825,000.