12 Simpson St Asheville, NC 28803
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.