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    1 Hansel Ave Asheville, NC 28806

    Sponsored
    For Sale
    $1,195,000

    High-visibility, multi-tenant office building.

    Property size:
    4,443 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This well-maintained, 4,443 square foot Class B office building in Asheville, NC, presents a compelling investment or owner-user opportunity. Located at 1 Hansel Avenue, this two-story property boasts high visibility from Patton Avenue (50,000 vehicles per day) and excellent access to I-240 and I-26. The building features two independent levels, each with its own ground-level entrance, eliminating the need for an interior stairwell. Ample parking is available. Currently 100% occupied with two tenants, the upper level (3,009 SF) is leased until September 2028, featuring an open reception area, private offices, a kitchenette, and three restrooms. The lower level (1,434 SF) is on a month-to-month lease. Large windows provide abundant natural light throughout. The building's unique design and prime location make it ideal for an owner-user seeking flexible space or an investor looking for a strong return. Built in 1976, the property is situated near Regent Park and Sam's Club, offering convenient access to amenities and a thriving community. The asking price is $1,195,000, with a price per square foot of $268.96. The property's APN is 963848958300000.

    Property Features for 1 Hansel Ave

    General Information

    Property type
    Medical offices
    Square Feet
    4,443 SF
    Class
    B

    Building Details

    Year Built
    1976
    Units
    2

    HighLights

    • High‑visibility location on Patton Avenue (50,000 VPD).
    • Excellent access to I‑240 and I‑26.
    • Two‑story building with independent ground‑level entrances on each floor.
    • Ample parking.
    • 4,443 SF, Class B office building, 100% occupied with two tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Viking Septic Services Septic System Service OneMain Financial Loan Agency Legacy Contracting, LLC Construction Company Viking Development & Investment ... Septic System Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5831459
    Latitude
    35.5890864

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    FAQs

    What type of property is this?
    Medical office - High-visibility, multi-tenant office building.
    Where is this medical office located?
    The property is located at 1 Hansel Ave Asheville, NC.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: High-visibility location on Patton Avenue (50,000 VPD).; Excellent access to I-240 and I-26.; Two-story building with independent ground-level entrances on each floor.
    Request Owner's contact information
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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
    1 Hansel Ave Asheville, NC 28806
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