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81 Monticello Rd

14,800 SF 100% Leased Industrial Building Weaverville, NC 28787 £1,702,170 (£115/SF) 6.24% Net Initial Yield

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.

Property Facts

Price £1,702,170
Price Per SF £115
Sale Type Investment or Owner User
Net Initial Yield 6.24%
Property Type Industrial
Property Subtype
Showroom
  • Light Industrial Light Manufacturing
  • Industrial Manufacturing
  • Light Industrial Light Distribution
Building Class C
Lot Size 2.00 AC
Rentable Building Area 14,800 SF
Number of Floors 1
Year Built/Renovated 1988/1994
No. Dock-High Doors/Loading 2

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9743-02-1262-00000
Land Assessment
£155,705
Improvements Assessment
£171,158
Total Assessment
£326,864

zoning

Zoning Code R-3 (Building is classified as non-conforming use. It was built prior to County wide zoning overlay.)
R-3 (Building is classified as non-conforming use. It was built prior to County wide zoning overlay.)
  • Listing ID: 33994590

  • Date on Market: 25/11/2024

  • Last Updated:

  • Address: 81 Monticello Rd, Weaverville, NC 28787

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