Property profile

98 Hendersonville Hwy Pisgah Forest, NC 28768

OFF-MARKET
Strip malls
Property ID
US53-2946591
5,616 SF 0.18 ac lot Built 1985
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 775-square-foot retail space, located at 98 Hendersonville Highway in Pisgah Forest, North Carolina, presents a fantastic opportunity for a new business. Built in 1985, the property is zoned DMU and features a single-tenant occupancy. The space was previously used as a hair salon, offering a ready-to-customize layout. Its prime location offers excellent visibility and accessibility, situated conveniently near the Pisgah Forest entrance. The surrounding area boasts a vibrant mix of shopping, dining, and entertainment options, including nearby restaurants and a brewery, ensuring high foot traffic and potential customer base. The property's APN is 8597-54-2869-000, and it's situated in Transylvania County (zip code 28768). This property is ideal for a variety of retail businesses seeking a well-established location with convenient access to amenities and a strong local community. The property's single-tenant setup provides flexibility and control for the new occupant. Don't miss this chance to establish your business in a thriving area.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Total area 5,616 SF
Lot 0.18 ac (7,841 SF)
APN 8597-54-2869-000
UPID US53-2946591

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon
  • Hair Salon

Location

98 Hendersonville Hwy Pisgah Forest, NC 28768-8895
Pisgah Forest metro Census 960100 BREVARD, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$480k

Owner & transaction history

since 2018
3 recorded transactions
2022
Price N/A
2018
$452,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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