Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    242 Underwood Rd Fletcher, NC 28732-9634

    • Auto shops
    • 51,090 SF
    • 5.18 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 08, 2023
    Location Intelligence
    Property ID
    US53-1162574
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • ChargePoint Charging Station / Electric Vehicle Charging Station
    • Apple Tree Car Rental / Car Rental Agency
    • Apple Tree Honda / Honda Dealer
    • Apple Tree Preowned / Car Rental Agency / Truck Dealer
    • Apple Tree Honda Service & Parts / Auto Repair Shop / Mechanic

    Property Details for 242 Underwood Rd

    Year built
    2015
    Lot size
    5.18 lot acres
    Property size
    51,090 SF
    Zone code
    1007612~C-2
    Property type
    Auto shops
    APN
    9643747343
    APU
    9643747343

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fletcher
    County
    Henderson
    State
    North Carolina
    Longitude
    -82.5336
    Latitude
    35.4415
    CBSA code
    11700
    CBSA name
    ASHEVILLE, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $6,317,900
    $4,876,500
    $11,194,400
    -
    $6,317,900
    $4,876,500
    $11,194,400

    Comparable in this City

    • Value Estimation by Request
      3,450 SF

      24 Cane Crk Rd

      AUTO REPAIR, GARAGE • 3,450 SF
      24 Cane Crk Rd, Fletcher, NC 28732-9707
      View Details
    • Value Estimation by Request
      2,730 SF

      735 Fanning Brg Rd

      AUTO REPAIR, GARAGE • 2,730 SF
      735 Fanning Brg Rd, Fletcher, NC 28732
      View Details
    • Value Estimation by Request
      3,375 SF

      165 Fletcher Commercial Dr

      AUTO REPAIR, GARAGE • 3,375 SF
      165 Fletcher Commercial Dr, Fletcher, NC 28732-8564
      View Details
    • Value Estimation
      $1,935,000
      4,128 SF

      38 Heritage Park Dr

      AUTO REPAIR, GARAGE • 4,128 SF
      38 Heritage Park Dr, Fletcher, NC 28732-6618
      View Details
    • Value Estimation by Request
      10,880 SF

      322 Butler Brg Rd

      AUTO REPAIR, GARAGE • 10,880 SF
      322 Butler Brg Rd, Fletcher, NC 28732
      View Details
    • Value Estimation by Request
      5,145 SF

      208 Hunter Airport Dr

      AUTO REPAIR, GARAGE • 5,145 SF
      208 Hunter Airport Dr, Fletcher, NC 28732-0418
      View Details

    Similar Nearby for Sale

    • $999,000
      1.73 Acres

      Fletcher Commercial Land Opportunity

      Prime 1.73-acre commercial lot near Airport Road.
      00 Underwood Rd, Fletcher, NC 28732
      View Details
    • $105,000
      2.64 Acres

      Unrestricted Land in Hoopers Creek

      2.64 acres of unrestricted land near Hendersonville.
      Terrys Gap Rd, Fletcher, NC 28732
      View Details
    • $2,100,000
      45 SF

      45-Acre Green Paradise Opportunity

      Formerly Southern Tee Short Course & Driving Range near Fletcher Park.
      111 Howard Gap Rd, Fletcher, NC 28732
      View Details
    • $13,000,000
      13.97 Acres

      Fletcher Industrial Facility For Sale

      87,000 SF industrial facility with warehouse and office space.
      280 Cane Creek Rd, Fletcher, NC 28732
      View Details
    • $185,000
      2.01 Acres

      Mountain View Homesite in Fletcher

      2.01-acre homesite with mountain views, hiking trails, and community amenities.
      Trillium Gdn Way, Fletcher, NC 28732
      View Details
    • $2,495,000
      33.61 Acres

      Fletcher Vacant Land Estate

      33.6-acre estate with remodeled residence, barn, and mountain views.
      193 Duncan Creek Rd, Fletcher, NC 28732
      View Details

    Similar Nearby for Lease

    • $7,129 /Mo
      3,422 SF

      Fletcher Retail or Office Space

      Retail or office space in the heart of Fletcher.
      3811 Hendersonville Rd, Fletcher, NC 28732
      View Details
    • Contact for pricing
      40,000 SF

      Fletcher Industrial Truck Terminal/Warehouse

      Industrial space for lease with fenced yard near I-26.
      Guaranteed Way, Fletcher, NC 28732
      View Details
    • Contact for pricing
      4,000 SF

      Fletcher Industrial Warehouse For Lease

      1-Story Warehouse, 4,000 SF, 16 Acres
      0 Guaranteed Way, Fletcher, NC 28732
      View Details
    • Contact for pricing
      10,000 SF

      Fletcher Industrial Opportunity For Lease

      10,000 SF industrial space with outside storage near I-26.
      127 Old Hendersonville Rd, Fletcher, NC 28732
      View Details
    • $12 SF/Yr
      360,000 SF

      Quality Point Industrial Space

      Fletcher, NC: Flexible industrial space.
      1 Quality Way, Fletcher, NC 28732
      View Details
    • Contact for pricing
      12,000 SF

      Fletcher Warehouse with Fenced Yard

      12,000 SF warehouse with fenced yard for lease.
      142 Brickton Dr, Fletcher, NC 28732
      View Details

    Property Visit Statistics

    • Visits by month
      944
    • Visitors by month
      708
    • Avg Time on site
      564 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    242 Underwood Rd
    Fletcher, NC 28732-9634
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.