900 Chapel Rd, Asheville, NC 28803-2844
This exceptional 9,000-square-foot commercial property, situated at 900 West Chapel Road in Asheville, NC, presents a unique investment opportunity. Ideally located just off Hendersonville Road, this building boasts a highly desirable Highway Business zoning designation. The spacious layout is divided equally between two 4,500-square-foot floors, offering significant flexibility for a variety of uses. A key advantage is the walkout lower level, providing convenient drive-around access for loading and unloading, ideal for businesses requiring efficient logistics. The interior is a blank canvas, ready for customization to suit the needs of retail, office, commercial assembly, or light manufacturing tenants. While parking is limited to four spaces in front and additional spaces along the building's side, the strategic location and zoning more than compensate. Constructed of durable steel and concrete, the building possesses a robust structural foundation capable of supporting heavy equipment. The 0.27-acre lot provides ample space for the building and potential future expansion. This property offers a compelling blend of location, versatility, and structural integrity, making it an attractive proposition for discerning investors and businesses seeking a prominent Asheville presence. The asking price is $1,850,000.
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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
Tax year 2024Comparables
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
DEED DATE:07/12/2016 DEED · Asheville, NCAsheville. 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.