Manufacturing Facility with Loading
55 Rutherford Road, Candler, NC 28715
For Sale
$1,995,000
Two conditioned buildings offer fenced-site security, substantial power, compressed-air systems, and office and break-room areas.
Property Size23,780 SF
Lot Size1.37 Acres
Price / SF$83.89
Days on Market37
Property Features for 55 Rutherford Road
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Highway Access
Fenced Yard
Utilities to Site
Warehouse & Industrial
Dock-High Doors
Drive-In Doors
Additional Details
Property Use
Amenities
compressed air
break rooms
conference areas
Building Details
Year Built
Buildings
Stories
Listing Agency:
Premier Sothebyâ€TMs International Realty
(828) 277-3238
Listed By:
Mitch Miller · License #216062
(828) 273-0671
Source:
Clr-properties
Added: Oct 2
Changed: Nov 7
Last Checked: Nov 7 at 12:49PM
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 Premier Sothebyâ€TMs International Realty
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Investment Insights
Based on property information with market context.
The CS-zoned manufacturing property comprises two freestanding buildings totaling 23,780 square feet on 1.37 acres. Both structures have heating and air conditioning, ample power, and compressed-air distribution with primary and backup compressors. The 6,080-square-foot building includes two ground-level roll-up doors, two hoists, a restroom, and a break room. The 17,700-square-foot building has two loading docks, a ramped shipping dock, four restrooms, offices, conference areas, and break rooms. Roll-up doors throughout the property are new. The site is fenced and gated, and is served by sewer, water, and gas. Built in 1977, the buildings were used as a machine shop. Machinery, manufacturing equipment, and shelving are excluded from the real estate sale.
The property is in Candler, approximately 15 minutes west of Asheville, with access to Interstate 40 and Interstate 26.
The property is in Candler, approximately 15 minutes west of Asheville, with access to Interstate 40 and Interstate 26.
Key Highlights
- Two freestanding buildings total 23,780 square feet on 1.37 acres
- CS zoning; fenced and gated site with sewer, water, and gas
- Both buildings are conditioned and have ample power and compressed‑air systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$165,714
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,314,280
$3.3M
Cap Rate 7%
$2,367,343
$2.4M
Cap Rate 9%
$1,841,267
$1.8M
Market Conditions
NOI Build-Up for 23,780 SF
Gross rent
$242.6K $10.20/SF
− Vacancy
−$5.8K −$0.24/SF
EGI
$236.7K $9.96/SF
− OpEx
−$71.0K −$2.99/SF
NOI
$165.7K $6.97/SF
Area
Buncombe County, NC
Vacancy
2.40%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,314,280
Cap Rate 7%
$2,367,343
Cap Rate 9%
$1,841,267
Alternative Uses
Best Use
Industrial
$2.37M
$2.07M – $2.76M
NOI $165,714 @ 7.0% cap · market cap 8.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.52M
$6.58M – $8.77M
NOI $526,368 @ 7.0% cap · market cap 26.38%
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
Lease Details
3
Dock-high doors
2
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
311
Businesses Nearby
Explore this area
Business Placement
Demographics for 28715, NC
27,810
Population
12,519
Households
2.2
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
78.1 sq mi
ZIP Area
356
Density / Sq Mi
$70,950
Median Household Income
$38,620
Median Earnings
$1,208
Median Rent
$291,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Two conditioned buildings offer fenced-site security, substantial power, compressed-air systems, and office and break-room areas.
Where is this manufacturing property located?
The property is located at 55 Rutherford Road Candler, NC.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Two freestanding buildings total 23,780 square feet on 1.37 acres; CS zoning; fenced and gated site with sewer, water, and gas; Both buildings are conditioned and have ample power and compressed‑air systems
