Office Building Zoned
For Sale
$500,000
A-120 Chadwick Square Ct, Hendersonville, NC 28739
Single-tenant office building zoned C1SU, built in 2004 with 2,583 SF of space.
Property Size2,583 SF
Price / SF$193.57
Days on Market364
Property Features for A-120 Chadwick Square Ct
General Information
Standard status
Active
Size
2,583 SF
Zoning
C1SU
Building Details
Year Built
2004
Buildings
1
Building Size
2,583 SF
Tenancy
Single
Listing Agency:
Whitney Commercial Real Estate
(828) 243-3610
Listed By:
Andrew Riddle · License #297804
(828) 243-3610
Source:
Exprealty
Added: Aug 2, 2025
Changed: Jul 30
Last Checked: Jul 30 at 6:33AM
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 Whitney Commercial Real Estate
Investment Insights
Based on property information with market context.
This office building offers a single-tenant configuration and a total of 2,583 SF. The property was built in 2004 and is zoned C1SU, providing a flexible option for office-oriented uses.
Located at A-120 Chadwick Square Ct in Hendersonville, North Carolina, the building is positioned for businesses seeking a modern office setup within an established commercial area. Its zoning supports office use, and the single tenancy can simplify operations and leasing strategy.
With its compact, single-tenant layout and C1SU zoning, this property is well suited for an office investor or an operator looking for a straightforward office building asset.
Located at A-120 Chadwick Square Ct in Hendersonville, North Carolina, the building is positioned for businesses seeking a modern office setup within an established commercial area. Its zoning supports office use, and the single tenancy can simplify operations and leasing strategy.
With its compact, single-tenant layout and C1SU zoning, this property is well suited for an office investor or an operator looking for a straightforward office building asset.
Key Highlights
- 2,583 SF office building
- Built in 2004
- Zoned C1SU
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.0k | $24.00 |
| − Vacancy | −$1.7k | −$0.67 |
| EGI | $60.3k | $23.33 |
| − OpEx | −$15.1k | −$5.83 |
| NOI | $45.2k | $17.50 |
2,583 SF · lease $24.00/SF/yr · vacancy 2.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$645.6K
$564.9K – $753.2K
NOI $45,192 @ 7.0% cap · market cap 9.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$860.8K
$753.2K – $1.00M
NOI $60,256 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
699
Businesses Nearby
Explore this area
Business Placement
Demographics for 28739, NC
21,251
Population
11,083
Households
1.9
Avg Household Size
54
Median Age
44%
College-Educated
94%
High-School Grad
61.0 sq mi
ZIP Area
348
Density / Sq Mi
$70,464
Median Household Income
$35,934
Median Earnings
$995
Median Rent
$358,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Single-tenant office building zoned C1SU, built in 2004 with 2,583 SF of space.
Where is this office building located?
The property is located at A-120 Chadwick Square Ct Hendersonville, NC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2,583 SF office building; Built in 2004; Zoned C1SU
