273 Long Shoals Rd, Arden, NC 28704
This 6,080 square foot commercial property, located at 273 Long Shoals Road in Buncombe County, offers a unique blend of retail, office, and restaurant possibilities. Situated on a 1.5-acre lot (APN: 964448408300000), this single-tenant building is zoned CBII and presents a compelling investment opportunity. The property boasts a highly desirable location, benefiting from an average daily traffic count exceeding 38,000 vehicles. Its strategic placement adjacent to a thriving shopping center anchored by popular establishments like First Watch and Huey Magoo's ensures high visibility and significant foot traffic. Furthermore, its proximity to Biltmore Park and convenient access to I-40 provide unparalleled connectivity and accessibility. The flexible space, ranging from 450 to 6,080 square feet, caters to a variety of business needs, making it ideal for creative office spaces, traditional office setups, or even a restaurant concept. This property represents a rare chance to establish a presence in a vibrant and high-traffic area with strong consumer spending potential. Proposed construction indicates potential for further development or customization to meet specific tenant requirements. This is a prime location for businesses seeking high visibility and a strong customer base in a rapidly growing area.
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
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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.