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    713 Ray Ave Hendersonville, NC 28792-2646
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    Property profile & analytics

    713 Ray Ave, Hendersonville, NC 28792-2646

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    • Industrial properties
    • 6,300 SF
    • 0.47 lot acres
    Off-Market
    Last Sale Jan 2, 2025
    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.

    Value Estimations
    $590,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strong Hand Fitness / Gym & Fitness Center
    • Hendersonville Personal Training / Gym & Fitness Center
    • Born Bold Tattoo Co. / Tattoo & Piercing Shop
    • Resurgence Physical Therapy-Hendersonville / Physician
    • Counterculture Coaching / Gym & Fitness Center

    Property Details for 713 Ray Ave

    Year built
    2009
    Lot size
    0.47 lot acres
    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 estimation — 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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