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Property profile & analytics

713 Ray Ave Hendersonville, NC 28792

  • Industrial properties
  • 6,300 SF
  • 0.47 lot acres
For Lease
Last Sale
Jan 02, 2025
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US53-1383338
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

  • Strong Hand Fitness / Gym
  • Hendersonville Personal Training / Personal Trainer
  • Born Bold Tattoo Co. / Tattoo Shop
  • Resurgence Physical Therapy-Hendersonville / Physical Therapist
  • Counterculture Coaching / Personal Trainer / Service Establishment

Property Details for 713 Ray Ave

Year built
2009
Lot size
0.47 lot acres
Property size
6,300 SF
Zone code
9902834~I-1
Property type
Industrial properties
APN
9569820270
APU
9569820270

Description

This exceptional investment opportunity presents a Class B industrial property located at 713 Ray Ave, Hendersonville, NC 28792. The 6,300 square foot building, constructed in 2009, sits on a 0.47-acre lot and boasts a desirable I-1 zoning classification. The property features a well-appointed 1,200 square foot office/retail space, perfect for a variety of uses, seamlessly connected to a spacious 5,100 square foot warehouse area. High ceilings and heavy 3-phase power provide ample capacity for diverse business operations. Two large roll-up doors, one at the front and one on the side, ensure efficient loading and unloading. Ample parking is provided with 26 spaces on-site. The property currently generates an annual scheduled income of $50,000 and a gross operating income of $50,000. This property is less than a mile from downtown Hendersonville, offering excellent accessibility and visibility. The APN is 9569820270. Please note that there is an active tenant, and disturbing the tenant is not permitted. This is a rare opportunity to acquire a well-maintained, income-producing warehouse in a prime Hendersonville location.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $640,000
    6.5%
    $590,000
    7%
    $550,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $459,000
    Market price range: $168k - $534k
  • Alternative Use

    Use
    Estimation
    INDUSTRIAL (GENERAL)
    $775,000
    Current use
    RETAIL STORES
    $925,000
    Change: +19% Conversion: Moderate
    AUTO REPAIR, GARAGE
    $835,000
    Change: +7% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Hendersonville
County
Henderson
State
North Carolina
Longitude
-82.4602
Latitude
35.3279
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
$84,600
$406,700
$491,300
-
$84,600
$406,700
$491,300
More about this property
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