1963 Asheville Hwy, Hendersonville, NC 28791-2109
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
109266~C-3 · Hendersonville, NCHendersonville. 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.