144 Caribou Rd, Asheville, NC 28803-1521
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DEED DATE: 04/25/2008 DEE · Asheville, NCAsheville. Always verify with local authorities before improvements.
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.