713 Ray Ave Hendersonville, NC 28792-2646
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.
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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
Comparables
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
9902834~I-1 · 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.