Properties

Property Description

9.2% Cap! Rare, turnkey self-storage and industrial income property now available in the growing Etowah/Flat Rock corridor. 130 Oakland Hill Drive offers an investor or owner-user a stabilized self-storage operation (40 units), a contractor garage, open-air RV / boat / trailer storage, and a main industrial building with two bays, with immediate vacancy on one side – ready for owner occupancy or lease-up on day one. The current operator runs a car detailing business out of the main building and will vacate upon sale, giving the new owner a clean slate for their own use or the opportunity to capture market-rate lease income. Pro forma NOI of $55,000 is well-supported by three years of trailing financials. 2025 reflects non-recurring capital expenditures with add-backs available to the underwriting-minded buyer. Full financials attached. Additional upside exists for a buyer who leases the main building or pushes rents on the storage inventory. Current ownership has invested meaningfully in the business and physical infrastructure – new automated gate system, redesigned website, and streamlined operations. The asset weathered Helene with no flooding, and is well-positioned for a new owner to step in and operate efficiently from day one. A full unit schedule is attached separately. Etowah sits at the heart of Henderson County’s commercial growth corridor, with easy access to Hendersonville, Brevard, and Asheville. Strong demand for self-storage and contractor/outdoor storage is driven by residential growth, the trades, and outdoor recreation culture.

DO NOT DISTURB Tenants. All showings must be scheduled through List Agent(s). Proof of Funds or other Credibility Package required to schedule showing.

Features
Fence:
Chain Link, Full, Fenced
Sewer:
Septic Installed
Address Map
Country:
US
State:
NC
County:
Henderson
City:
Etowah
Zipcode:
28729
Street:
Oakland Hill
Street Number:
130
Street Suffix:
Drive
Longitude:
W83° 23' 44''
Latitude:
N35° 18' 49.2''
MLS Addon
Office Name:
Keller Williams Professionals
Agent Name:
Chris Gragtmans
TaxAnnualAmount:
$0
TaxAssessedValue:
$0
AssociationFee:
$0
Additional Information
Construction Materials:
Aluminum, Synthetic Stucco, Concrete
Foundation Details:
Slab
Possible Use:
Commercial
Previous Price:
699500
Stories:
1
Water Source:
City
Listing Information
Co List Agent Full Name:
Scott Mirkin
Co List Agent Mls Id:
83993
Co List Office Mls Id:
NCM12570
Co List Office Name:
Keller Williams Professionals
List Agent Mls Id:
gragtmans
List Office Mls Id:
NCM12570
Mls Status:
Active
Modification Timestamp:
2026-10-08T13:50:05Z
Originating System Name:
Canopy
Special Listing Conditions:
Subject to Lease
Status Change Timestamp:
2026-04-15T19:14:16Z

Commercial Sale For Sale

130 Oakland Hills Drive, Etowah, North Carolina 28729

1 Bathrooms
$599,000
Listing ID #4368999
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Listing ID :
4368999
Price :
$599,000
Bathrooms :
1
Year Built :
1965
Status :
Active
Property Sub Type :
Special Purpose
Roof:
Aluminum
Agent info
Contact Agent
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