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Property profile & analytics

360 Cane Creek Rd Fletcher, NC 28732

  • Office buildings
  • 1,980 SF
  • 0.66 lot acres
Value Estimation
Last Sale
Feb 02, 2025
$495,000
Location Intelligence
Property ID
US53-0522970
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Play Attention / Education Center / Counselor
  • Unique Logic & Technology / Educational Consultant

Property Details for 360 Cane Creek Rd

Year built
1975
Lot size
0.66 lot acres
Property size
1,980 SF
Zone code
9955319~M-1
Property type
Office buildings
APN
9663143863
APU
9663143863

Description

This exceptional Fletcher, NC commercial property presents a unique investment or user opportunity. Situated on a 0.66-acre lot at 360 Cane Creek Road, the building offers a total of 3,960 square feet of versatile space. The main floor encompasses 1,980 square feet, featuring multiple individual offices, a convenient conference room, a well-equipped kitchen, and three bathrooms (two half baths and one full bath). A full, heated basement provides an additional 1,980 square feet, currently configured with a half bath, an office, and ample storage space, accessible via a roll-up door. This lower level presents significant potential for expansion, finishing, or use as a lay-down site for equipment storage. The property benefits from public water and a septic system. Its strategic location on Cane Creek Road offers excellent visibility and proximity to Cane Creek Cycling and the Cane Creek Private Airport. The property is zoned M-1, providing flexibility for various commercial uses. The current business occupying the space is relocating, making this an ideal opportunity for a new tenant or investor seeking a well-maintained, spacious office building in a desirable location. The combination of main floor office space and expansive basement storage makes this property exceptionally versatile and attractive.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $280,000
  • CAP approach

    CAP return
    Estimation
    6%
    $375,000
    6.5%
    $350,000
    7%
    $355,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $325,000
    Geo Method
    $365,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $305,000
    Retail
    $380,000
    Mixed-Use
    $315,000
    Hospitality
    $420,000
    Educational
    $415,000
    Residential Income
    $410,000
    Energy
    $330,000
    Income-Based Land
    $310,000
    Food Service
    $365,000

Location Insight

  • Map
  • Local Demand
City
Fletcher
County
Henderson
State
North Carolina
Longitude
-82.4878
Latitude
35.4442
CBSA code
11700
CBSA name
ASHEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$86,300
$151,700
$238,000
-
$86,300
$151,700
$238,000
More about this property
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