Property summary
This exceptional Swannanoa, NC industrial property presents a rare owner-user opportunity. The 30,346 square foot building, situated on 1.76 acres, boasts a versatile layout ideal for distribution, warehousing, and manufacturing operations. The property includes 23,018 square feet of warehouse/manufacturing space and 7,329 square feet of finished office space distributed across two stories. The first floor features 3,233 square feet of office space, while the second floor offers an additional 4,096 square feet. Adding significant storage capacity is a 7,820 square foot mezzanine area (not included in the total square footage). The building features a 26-32 foot ceiling height, enhancing operational efficiency. Access is facilitated by a 16x12 automatic roll-up door and one loading dock. Exterior amenities include a 90x90 foot secured outdoor storage area and approximately 35 parking spaces. The property is fully sprinklered and zoned EMP. Built in 1997, this well-maintained facility offers a compelling combination of space, functionality, and location in the desirable Swannanoa industrial area. The asking price is $3,500,000, translating to $115.34 per square foot. The Buncombe County property features APN 968808811200000.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Big Box & Wholesale Store Specialty Food Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
DEED DATE: 07/19/2013 DEE · Swannanoa, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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