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130 Oakland Hill Dr 6,900 SF 100% Leased Industrial Building Etowah, NC 28729 $958,315 CAD ($138.89 CAD/SF)



Investment Highlights
- Lots of investment potential.
- Combination of self storage, garages, and industrial buildings on site.
- New automated gate system.
- Self-storage business has a newly redesigned website and streamlined operations.
Executive Summary
7.86% 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), two contractor garages, open-air RV/boat/trailer storage, and a main industrial building with immediate vacancy - 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 on a purpose-built industrial space. Pro forma NOI of $55,000 is well-supported by three years of trailing financials. 2025 reflects one-time capital improvement expenditures that normalize in a stabilized year, with meaningful add-backs available to the underwriting-minded buyer. Full financials attached. There is genuine additional upside 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.
Property Facts
| Price | $958,315 CAD | Lot Size | 0.71 AC |
| Price Per SF | $138.89 CAD | Rentable Building Area | 6,900 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1965 |
| Property Subtype | Warehouse | ||
| Zoning | R-1 - Residential District 1 | ||
| Price | $958,315 CAD |
| Price Per SF | $138.89 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Lot Size | 0.71 AC |
| Rentable Building Area | 6,900 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Zoning | R-1 - Residential District 1 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 9958024 | Improvements Assessment | $352,529 CAD |
| Land Assessment | $106,819 CAD | Total Assessment | $459,348 CAD |
Property Taxes
Parcel Number
9958024
Land Assessment
$106,819 CAD
Improvements Assessment
$352,529 CAD
Total Assessment
$459,348 CAD
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130 Oakland Hill Dr
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