3.02ac 9TH Avenue E

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3.02ac 9TH Avenue E

Hendersonville, NC 28791
Asking Price
$1.25M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The 3.02-acre commercial property is available for $1,250,000.
  • Located on 9th Avenue E in Hendersonville, North Carolina.
  • The land is designated for versatile commercial development projects.
  • Hendersonville serves as a key economic hub in Henderson County.
  • The site occupies a strategic position in the Blue Ridge region.

What's Special

Priced at $1,250,000, this 3.02-acre parcel on 9th Avenue E offers a significant development site in Hendersonville, North Carolina. The property is zoned for commercial use, providing a versatile foundation for investors looking to establish a presence within this growing Western North Carolina market. Hendersonville serves as a vital hub in Henderson County, drawing consistent regional interest due to its proximity to Asheville and the surrounding Blue Ridge Mountains. This commercial land site is well-positioned for a variety of prospective uses, ranging from professional office space to retail services or specialized commercial facilities. The site benefits from the steady economic development of the region, which has seen ongoing interest from both residents and business operators. Developers and investors will find that this parcel offers a blank canvas for projects that require a strategic footprint in a high-traffic mountain community. Its accessibility and size make it an practical choice for those seeking to capitalize on the expansion of the local commercial sector.

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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184

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