Property profile

144 Caribou Rd Asheville, NC 28803

OFF-MARKET
Industrial properties
Property ID
US53-0605837
159,457 SF 11.57 ac lot Built 1971
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property, totaling 145,441 square feet, offers a single-tenant warehouse and flex space of 27,000 square feet. Strategically located off I-26 at Exit 51 in Asheville, NC, this facility provides unparalleled convenience and accessibility. The warehouse boasts impressive features including 20 to 22-foot clear ceiling heights, facilitating efficient storage and operations. Loading and unloading are simplified with one 18'x18' loading dock and two drive-in doors (one 18'x18' and one 12'x12'). The property also includes a small office space and restroom, enhancing functionality for daily operations. The building is in excellent condition and offers secure storage. The total land area encompasses 11.57 acres. Parking is negotiable. Lease rates exclude utilities, property expenses, and building services. This plug-and-play space is perfect for businesses seeking a highly functional and conveniently located warehouse solution in the thriving Asheville market. The property's central location and excellent condition make it an ideal choice for a variety of industrial and storage needs. Don't miss this opportunity to secure a prime warehouse space in a rapidly growing area.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1971
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 159,457 SF
Lot 11.57 ac (503,989 SF)
Zoning code DEED DATE: 04/25/2008 DEE
APN 9657-26-0671-00000
UPID US53-0605837

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Telecommunications Service
  • Waste Management Facility Hazardous Waste Disposal
  • Recycling Center Waste Management Facility
  • Moving Company Storage Facility

Location

144 Caribou Rd Asheville, NC 28803-1521
Asheville metro Census 2000 ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$2.24M

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

DEED DATE: 04/25/2008 DEE · Asheville, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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