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    115 Reems Creek Rd Weaverville, NC 28787

    Sponsored
    For Lease
    $5 SF/Yr

    Warehouse/Manufacturing Space Available

    Lot size:
    133,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Weaverville, NC industrial property, the Balcrank Factory, offers 133,000 square feet of versatile warehouse, manufacturing, and flex space. Currently, 68,000 contiguous square feet is available, divisible down to 2,000 square feet for multiple tenants. The single-story building features a 14-foot ceiling height, three loading docks with three dock-high doors, and ample parking for 150+ vehicles. Situated on 31 acres, the property boasts an encircling drive, additional lawn space, and convenient access to I-26, just 15 minutes from Asheville. The building includes adjoining office space and benefits from a new roof (2021) and a substantial 440-volt power supply currently being upgraded by Duke Energy. The property is zoned C-1 and has APN 974224916700000.

    Property Features for 115 Reems Creek Rd

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    133,000 SF
    Class
    C
    Total Rate
    60958.33

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Warehouse
    Size
    58,000 SF
    Rate per SF
    $6

    HighLights

    • 133,000 SF industrial building in Weaverville, NC with 68,000 SF currently available, divisible to 2,000 SF.
    • Building features 14' ceilings, three loading docks, and ample parking (150+ spaces).
    • Excellent location: one mile to I‑26, fifteen minutes to Asheville.
    • Property includes a 2021 roof, three‑phase power (upgrade in progress), and is zoned C‑1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Weaverville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.561209555156
    Latitude
    35.688268634023

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    Nearby Similar for Lease

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      Weaverville Retail/Office Space Available

      Street-level suite in Weaverville near I-26 and local amenities.
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      Park 108: Premier Flex Space

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    FAQs

    What type of property is this?
    Flex space - Warehouse/Manufacturing Space Available
    Where is this flex space located?
    The property is located at 115 Reems Creek Rd Weaverville, NC.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 133,000 SF industrial building in Weaverville, NC with 68,000 SF currently available, divisible to 2,000 SF.; Building features 14' ceilings, three loading docks, and ample parking (150+ spaces).; Excellent location: one mile to I-26, fifteen minutes to Asheville.
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    Weaverville, NC 28787
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    Realmo Value Estimation

    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.

    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.

    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
    115 Reems Creek Rd Weaverville, NC 28787
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