Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    Climbing Road Hendersonville, NC 28792

    View on Map
    Claim this Listing
    For Sale
    $300,000

    LAND - Hendersonville, NC

    Lot size:
    12.00 Acres
    Added:
    Jun 19, 2025
    Days on Market:
    323
    Last Refresh:
    May 7 at 7:06 am

    Property Features for Climbing Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-3
    Standard status
    Active
    APN
    9682217448
    Lot size
    12.00 Acres

    Taxes and HOA fees

    Tax Description
    Hightop Mountain Retreat

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Dee Gambrell

    Listing agent Dee Gambrell License #319035

    Listing office BluAxis Realty 101 E Allen St, Ste 102, Brevard, NC

    Listing date Jun 19, 2025

    MLS# 4273020 Listing URL

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 12 +/- unrestricted acres offer flexibility for homesteading, family living, or a mountain retreat.
    • Enjoy creek frontage and a natural waterfall, providing a serene and picturesque environment.
    • Multiple potential build sites allow for customized construction.
    • Conveniently located just 20 minutes to downtown Hendersonville and 22 minutes to Asheville Airport.
    • Abundant wildlife and forest sanctuary create a private haven.
    • Underground electric box in place simplifies initial building stages.

    Overview

    Unrestricted Land with Creek Frontage

    This property features 12 +/- acres of unrestricted land, suitable for homesteading, a growing family, or a mountain getaway. The land offers creek frontage and a natural waterfall. It is suited for gardening, livestock, hiking, or relaxation. There are multiple potential build sites, abundant wildlife, and an underground electric box already in place. The bottom 12 acres will need a transformer. The property is located 20 minutes from downtown Hendersonville, local wineries, and breweries, and 22 minutes from the Asheville Airport. The buyer will need to survey the 12 +/- acres. Up to 24 acres are available with additional build sites and mountain views.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Hendersonville
    County
    Henderson
    State
    North Carolina
    Longitude
    -82.413004
    Latitude
    35.409077

    Nearby Similar for Sale

    • $575,000

      Well-Kept Office Building on Highway

      Office building with excellent visibility and ample parking.
      2920 Haywood Road, Hendersonville, NC 28791
      View Details
    • $885,000

      Two Houses on Half Acre

      Two houses on a half-acre lot in Hendersonville, NC.
      1110 3rd Avenue W, Hendersonville, NC 28739
      View Details
    • $1,200,000

      Prime Downtown Hendersonville Development Opportunity

      Rare 0.96-acre vacant parcel in downtown Hendersonville, NC.
      N Grove Street, Hendersonville, NC 28792
      View Details
    • $545,000

      Land with Panoramic Mountain Views

      1.64-acre homesite with layered ridgeline views and gentle topography.
      E11 Marble Heights Trail, Hendersonville, NC 28791
      View Details
    • $499,000

      Unrestricted Land Near Ecusta Trail

      12 acres near Ecusta Trail with development potential.
      97 Yale Road, Hendersonville, NC 28739
      View Details
    • $69,500

      Hendersonville Buildable Lot For Sale

      0.79 acre lot near shopping and restaurants.
      Chestnut Gap Road, Hendersonville, NC 28792
      View Details
    • $850,000

      Land Along Ecusta Trail

      3+ acres with trail frontage near downtown Hendersonville, NC.
      Toms Hill Drive, Hendersonville, NC 28792
      View Details
    • $2,340,000

      Prime Land Parcel on Ecusta Trail

      Two-acre parcel with frontage on the Ecusta Trail.
      99999 Dale Street, Hendersonville, NC 28792
      View Details
    • $250,000

      Hendersonville Land Ready For Development

      1.9 acre lot near downtown Hendersonville with utilities.
      122 Glover Street, Hendersonville, NC 28792
      View Details
    • $97,500

      Homesite in Gated Mountain Community

      0.53-acre homesite with mountain view potential in Hendersonville, NC.
      185 Garnet Way lot: 13, Hendersonville, NC 28791
      View Details
    • $700,000

      Hendersonville, NC Development Opportunity

      13.41 acres zoned for multiple dwellings near Hendersonville and Asheville.
      Mohican Trail, Hendersonville, NC 28726
      View Details
    • $125,000

      Skydance Trail Land Opportunity

      1.23 acre lot in private mountain community near Asheville.
      106 Skydance Trail, Hendersonville, NC 28739
      View Details

    FAQs

    What type of property is this?
    Land - 12+/- acres of unrestricted land with creek and waterfall.
    Where is this land located?
    The property is located at Climbing Road Hendersonville, NC.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: 12 +/- unrestricted acres offer flexibility for homesteading, family living, or a mountain retreat.; Enjoy creek frontage and a natural waterfall, providing a serene and picturesque environment.; Multiple potential build sites allow for customized construction.
    (828) 489-1100
    We can help!
    Listing Contact
    Dee Gambrell
    Real Estate License ID: 319035
    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

    Thank You for Inquiry
    Climbing Road, Hendersonville, NC 28792
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!