Property profile

273 Long Shoals Rd Arden, NC 28704

OFF-MARKET
Retail properties & Spaces
6,080 SF
Saved · see the list in your Dashboard

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

Location

273 Long Shoals Rd Arden, NC 28704
Arden metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 273 Long Shoals Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message