9th Lots Hendersonville, NC 28792
Prime 3.02-acre industrial/commercial lot in Hendersonville, NC, zoned I-1, offers exceptional development potential. Located just steps from the historic downtown area, this property boasts easy access to major streets including Main St, King St, Church St, 7th Avenue, and Asheville Hwy/US25. The land, comprised of two contiguous parcels, is largely cleared and flat with a gentle slope, presenting a rare opportunity for various uses. Permitted zoning (I-1) allows for a wide range of possibilities, including but not limited to mid-rise condos, hospital facilities, assisted living, or multi-family apartments, all within walking distance of the vibrant downtown core. The property's strategic location near a major renovation project on 7th Avenue, a new city park, and a new city activities building, as well as hundreds of new homes on North Main, further enhances its investment appeal. The asking price is $1,250,000. The property consists of two units and was built in 2025. Owner financing may be available. This exceptional offering presents a unique chance to capitalize on the growth and revitalization of Hendersonville's downtown area. The property's location offers excellent visibility and accessibility, making it an ideal investment for developers and investors seeking a high-return opportunity in a thriving market. The APN numbers are 9942665 and 9904306.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.