Financial
Distress signals
Property profile

110 Commercial Blvd Flat Rock, NC 28731

FOR LEASE
Other industrial properties
Property ID
US53-2131616
12,000 SF 2.19 ac lot Built 2001
Last sale Feb 2020 · $1,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 24,000-square-foot industrial facility located in the Appleland Business Park in Hendersonville, North Carolina, positioned off Interstate 26 at Upward Road for local and regional connectivity in Western North Carolina and the Southeast. Approximately 12,000 square feet was constructed in 2001, with an additional 12,000 square feet expansion completed in 2025. The building includes about 3,000 square feet of office space and approximately 21,000 square feet of clear-span…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2024$1.32M
Assessed land$763k
Assessed improvement$561k

Value estimate

· Sep 2026
$1.23M
$1.10M – $1.35M
AI approach$1.60M
CAP approach$1.13M
Submarket $/SF estimate$820k
NOI build-up
Gross scheduled income$216k
Vacancy & credit loss−$6k
Operating expenses−$63k
NOI · 458.32% cap applied$147k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$123/SF
County average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$41 – $163

Cap rate analysis

How does the asset earn?
458.32%
$147k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
9969177~RC
JurisdictionHENDERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.9
Wholesale Shop12.0
Auto Parts Store11.2

Location

110 Commercial Blvd Flat Rock, NC 28731
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Rock, NC 28731 $26,000 Aug 2024 2,520 SF
743 Crst, Flat Rock, NC 28731 $2,040,000 May 2023 12,000 SF
25 Reeds, Flat Rock, NC 28731-0770 $1,300,000 Apr 2023 7,788 SF
129 Reeds, Flat Rock, NC 28731 $2,025,000 Oct 2022 5,880 SF
116 Xing, Flat Rock, NC 28731-6836 $850,000 May 2021 16,000 SF
921 Upward, Flat Rock, NC 28731-8799 $910,000 Jul 2020 12,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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