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Property profile & analytics
OFF-MARKET
Warehouses

115 Reems Creek Rd Weaverville, NC 28787

133,000 SF 31 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Warehouses
Total area 133,000 SF
Lot 31 ac (1,350,360 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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