Property profile

1963 Asheville Hwy Hendersonville, NC 28791

OFF-MARKET
Commercial land
Property ID
US53-1078559
0.55 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional .55-acre commercial land parcel presents a unique investment opportunity in the thriving Ingles submarket of Hendersonville, North Carolina. Located at 1963 Asheville Highway, this pad-ready site boasts unparalleled visibility and accessibility, situated directly across from a major Ingles Supermarket. The property enjoys significant frontage on Asheville Highway, a busy retail corridor with a daily traffic volume of 24,500 vehicles. Its proximity to downtown Hendersonville (less than one mile) further enhances its desirability. This single-tenant site is ideal for retail or office development, offering significant potential for growth and return on investment. The property is available for purchase at $440,000 or via a ground lease at an annual rate of $75,000. This prime location, combined with its flexible ownership options, makes this an exceptional opportunity for discerning investors seeking a high-impact commercial property in a rapidly growing area. The property is zoned for commercial use and is ready for immediate development. Don't miss this chance to secure a prominent position in a bustling Hendersonville retail hub.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.55 ac (23,958 SF)
Zoning code 109266~C-3
APN 9569454276
UPID US53-1078559

Cap rate & NOI

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

Location

1963 Asheville Hwy Hendersonville, NC 28791-2109
Hendersonville metro Census 930900 ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2025
Last sale
$385,000
2 recorded transactions
2025
$385,000
2022
$385,000

Zoning & alternative use

109266~C-3 · Hendersonville, 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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