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    OFF-MARKET
    Retail properties & Spaces

    273 Long Shoals Rd, Arden, NC 28704

    6,080 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 6,080 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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