20 Millstone Blvd Saint Joseph, MO 64505
This 14,015-square-foot flex/warehouse space in Buncombe County, Asheville, presents a unique investment opportunity. Currently occupied by a church until October 31, 2024, the property offers significant potential for redevelopment or continued use as a commercial space. The building features a 26-foot clear ceiling height, providing ample vertical space for various configurations. Originally designed as a sports training facility, the interior includes a large weight room, batting cages, a basketball court with poured rubber flooring, locker rooms, and a dining area. These existing features could be easily adapted to suit a variety of businesses. The 0.89-acre lot is zoned CI (Commercial Industrial) and enjoys a convenient location, just 0.4 miles from Airport Road off Bradley Branch Road. The building consists of a 13,600-square-foot main level and a 415-square-foot mezzanine. The property is available for lease or sale after the current tenancy expires. This versatile space offers a rare combination of size, location, and adaptability, making it an attractive prospect for a wide range of commercial ventures. The existing infrastructure provides a solid foundation for a quick and efficient transition to a new tenant or business.
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.