0 Grove St Hendersonville, NC 28792
This exceptional 0.96-acre commercial land parcel presents a unique investment opportunity in the heart of Hendersonville, North Carolina. Ideally situated at the well-lit intersection of N Grove Street and 5th Avenue East, this property boasts a highly desirable CMU (Central Mixed Use) zoning designation. Its prime location offers unparalleled convenience, being just one block from the Henderson County Courthouse and two blocks from the vibrant Main Street district. The level lot is ready for immediate development, and essential city water and sewer services are readily available. This location is perfect for a variety of commercial uses, particularly professional office space, given its proximity to the courthouse and the abundance of downtown amenities. The property's two APNs are 107828 & 107827. The asking price is $1,800,000, and the property is owned by a corporation and is for sale by owner. This is a rare chance to acquire a highly visible and easily accessible lot in a thriving downtown area. Don't miss this opportunity to secure a piece of Hendersonville's vibrant commercial landscape.
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.