Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

81 Monticello Rd 14,800 SF 100% Leased Industrial Building Weaverville, NC 28787 $2,170,000 ($146.62/SF) 6.24% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Passive Income Investment - Tenant in Place
  • One minute to I-26/US-70 intersection; fifteen minutes to I-240
  • Loading dock with 8' and 7'5" doors

EXECUTIVE SUMMARY

Fully leased manufacturing/warehouse building offered as a incredible passive income investment. The 14,970 SF building has three private offices, a built-in reception window, conference room and break room. The property includes a clean room with designated HVAC and air purification systems in addition to a loading dock with 8' and 7'5" doors. Conveniently located one minute from I-26/US-70 intersection and less than 15 minutes to I-240 and Downtown Asheville. Tenant is in place through May 2026 with option to renew. DO NOT DISTURB TENANT. SHOWING BY APPOINTMENT ONLY.

PROPERTY FACTS

Price $2,170,000
Price Per SF $146.62
Sale Type Investment or Owner User
Cap Rate 6.24%
Property Type Industrial
Property Subtype
Showroom
  • Flex Light Manufacturing
  • Industrial Manufacturing
  • FlexLight Distribution
Building Class C
Lot Size 2.00 AC
Rentable Building Area 14,800 SF
No. Stories 1
Year Built/Renovated 1988/1994
No. Dock-High Doors/Loading 2
Zoning R-3 - Building is classified as non-conforming use. It was built prior to County wide zoning overlay.

AMENITIES

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9743-02-1262-00000
Land Assessment
$198,500
Improvements Assessment
$419,100
Total Assessment
$617,600
  • Listing ID: 33994590

  • Date on Market: 11/25/2024

  • Last Updated:

  • Address: 81 Monticello Rd, Weaverville, NC 28787

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}