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Property profile & analytics
OFF-MARKET Estimated value $590,000
Industrial properties

713 Ray Ave Hendersonville, NC 28792-2646

6,300 SF 0.47 ac lot Built 2009
Entity Owned ~ Est. High Equity
Property ID
US53-1383338
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2009
Total area 6,300 SF
Lot 0.47 ac (20,473 SF)
Zoning code 9902834~I-1
APN 9569820270
UPID US53-1383338
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$590k
Comparable Approach Comparable
$460k
Blend (final) Blend
$590k
Owner & transaction history
Ncpd Service INC
Ncpd Service INC
since 2026
5 recorded transactions
2026
$885,000
2022
Price N/A
2020
$450,000
2018
$385,000
2008
Price N/A
Zoning & alternative use
9902834~I-1 · Hendersonville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $925,000 +18.9%
Auto repair, garage $835,000 +7.5%
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