Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    840 Rosman Highway Brevard, NC 28712

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $470,000

    Commercial office space with excellent visibility and accessibility.

    Type:Commercial
    Property size:
    865 SF
    Added:
    Oct 15, 2025
    Days on Market:
    188
    Last Refresh:
    Apr 5 at 9:15 pm

    Property Features for 840 Rosman Highway

    General Information

    Standard status
    Active
    Size
    865 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1940

    We can help!

    Listing Contact
    WOODY PLATT

    Listing agent WOODY PLATT

    Listing office WITHERSPOON PLATT ASSOCIATES

    Listing date Oct 15, 2025

    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 WITHERSPOON PLATT ASSOCIATES

    Overview

    Commercial Office in High-Traffic Corridor

    This commercial office space is located just over a mile from downtown Brevard, within city limits, and offers visibility and accessibility along Rosman Highway. The property features an open floor plan, providing a flexible layout suitable for customization to various business needs, including office, studio, or retail use. The property size is 865 square feet. It is located in a high-traffic corridor close to Brevard.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mountain Town Electric Electrical Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brevard
    County
    Transylvania
    State
    North Carolina
    Longitude
    -82.7496
    Latitude
    35.2195

    Nearby Similar for Sale

    • $495,000

      Versatile Commercial Property Near Brevard

      2,800 sq ft building on 1.44 acres near Highway 64.
      535 Old Rosman Highway, Brevard, NC 28712
      View Details
    • $995,000

      Landmark Office Building in Brevard

      Two-unit office building with passive income potential near downtown Brevard.
      5 Park Place E, Brevard, NC 28712
      View Details
    • $1,075,000
      5,625 SF

      Medical Office Building in Brevard

      5,625 SF medical office building near Transylvania Regional Hospital.
      157 Medical Park Drive, Brevard, NC 28712
      View Details
    • $849,000
      3,678 SF

      Brevard Bed and Breakfast Opportunity

      Hospitality property near Connestee Falls with five en-suite bedrooms.
      5580 Greenville Highway, Brevard, NC 28712
      View Details
    • $333,000
      1,749 SF

      Brevard Office/Medical Space For Sale

      1,749 SF office or medical space near downtown Brevard.
      15 Rosman Hwy, Brevard, NC 28712
      View Details
    • $995,000
      2,854 SF

      Landmark Office Building in Brevard

      Two-unit office building in Straus Park with income potential.
      5 Park Place E, Brevard, NC 28712
      View Details
    • $2,925,000

      Downtown Brevard Stabilized Investment Portfolio

      Fully occupied portfolio in vibrant downtown Brevard with long-term tenants.
      36 & 44 E Main Street, Brevard, NC 28712
      View Details
    • $3,300,000
      15,333 SF

      Medical Office in Brevard, NC

      15,333 SF medical office in a residential area.
      377 Gallimore Road, Brevard, NC 28712
      View Details
    • $749,000
      2,575 SF

      Retail Property Near Downtown Brevard

      2500+ sq ft retail building with 10 parking spaces.
      287 N Caldwell Street, Brevard, NC 28712
      View Details
    • $1,500,000
      5,732 SF

      Brevard Landmark Restaurant Opportunity

      Multi-use property with established restaurant and event venue potential.
      1196 N Country Club Road, Brevard, NC 28712
      View Details
    • $640,000

      Vacation Fishing Camp on River

      Fly fishing paradise with stream-side cabins on East Fork.
      9017 East Fork Road, Brevard, NC 28712
      View Details
    • $1,200,000

      Historic Mixed-Use Brevard Property

      Downtown Brevard mixed-use building with retail and apartments.
      100 E Main Street, Brevard, NC 28712
      View Details

    FAQs

    What type of property is this?
    Office units - Commercial office space with excellent visibility and accessibility.
    Where is this office units located?
    The property is located at 840 Rosman Highway Brevard, NC.
    What is the asking price?
    The asking price for this property is $470,000.
    What are key features of this property?
    This property features: Excellent visibility and accessibility on Rosman Highway.; Conveniently located just over a mile from downtown Brevard and within city limits.; Flexible, customizable open floor plan suitable for office, studio, or retail.
    (828) 877-6404
    We can help!
    Listing Contact
    WOODY PLATT
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!