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Property profile & analytics
OFF-MARKET
Warehouses

12 Simpson St Asheville, NC 28803

2,438 SF Built 1950
Property ID
Property summary
AI-generated overview

This 2,438-square-foot industrial property, located at 12 Simpson Street in Asheville, North Carolina, presents a unique opportunity. Situated in the Swannanoa River Industrial submarket, specifically the Koon Industrial Park, this single-tenant building offers versatile space ideal for manufacturing, flex, warehouse, distribution, or R&D uses. Built in 1950, the Class C building features one story, high ceilings, and an expansive open floor plan. Convenient access is provided by two loading docks, two dock-high doors, and two drive-in bays. Ample parking is available with 20 spaces on-site. The property includes all necessary power and is zoned RIVER. Its location offers easy access to major highways and public transportation, placing it within minutes of key transportation arteries. The surrounding area is experiencing significant growth, with an increase in trendy businesses and foot traffic, making this a prime location for a variety of industrial operations. This property is completely vacant and ready for immediate occupancy. The address is 12 Simpson Street, Asheville, NC 28803.

Property profile
Verified
Property type Warehouses
Year built 1950
Total area 2,438 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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