240 Mitchelle Drive, Hendersonville, NC 28792
Henderson County
Key Facts
Description
Prime commercial investment opportunity poised for development in ideally situated Opportunity Zone with optimal access to 2 major highways. Two parcels totaling 3.87 acres. One Parcel has the the 48-room Red Roof Inn, and parking lot. The other parcel is shovel ready. A larger building could be built on the 2+ acres on the interstate and then connected with a breezeway to the inn. Or the land could bea great location for a retail or restaurant with it high visibility. Situated in fast-growing Henderson County, NC between Asheville, NC and Greenville/Spartanburg, SC, this property is surrounded by large national retailers and is shovel ready to take advantage of current and projected growth, including sewer, 3-phase power line, gas line, water line and storm management already in place.C-3 zoning allows for a variety of commercial opportunities. Just 5 minutes from historic downtown Hendersonville, this community attracts approximately 2 million tourists per year and has grown its population by nearly 12% over the last 5 years.
Property Information
Property Type
Commercial Sale
Sub-Type
Unimproved Land
Year Built
2002
Living Area
22,606 sq ft
Zoning
C-3
MLS® Listing#
4321622
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Lot Features
Construction
Foundation
Roof
Windows
Security
Utilities
Sewer
Financial Details
HOA
None
Assessed Value
$2,770,200
Parcel Number
9579454533
Directions
I-26 to Exit Hendersonville 49B Merg onto us-64 4 seasons blvd 0.4 miles LEFT at 1st onto Orrs Camp road (Starbucks) 50 feet Left onto Mitchell drive 0.4 miles to end of cul-de-sac you have arrived.
Affordability Calculator
$1,240,000
Estimated monthly payment
$32,999/mo
Principal $4,960,000 · Est. interest $6,919,641 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Hendersonville, NC
- $553,237
- Median Listing Price
- 74
- Median Days on Market
- 2,069
- Median Sq Ft
- $268
- Median Price / Sq Ft
- 483
- Active Listings
- This home’s price is 1021% above the area median.
- Its price per sq ft is 2% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Hendersonville, NC.
Location
Points of Interest in Hendersonville, NC
Showing the Hendersonville area map.
Nearby Schools
Mt Pisgah Lutheran Preschool
School · 1.1 mi away
Bruce Drysdale Elementary School
Elementary · 1.6 mi away
Mountain Community School
Elementary · 1.7 mi away
Hendersonville Presbyterian Church
Elementary · 1.7 mi away
St James Episcopal Church
School · 1.7 mi away
Hendersonville High School
Secondary · 1.8 mi away
Immaculata Catholic School
School · 1.9 mi away
North Henderson High School
Secondary · 1.9 mi away
Apple Valley Middle School
Secondary · 2.0 mi away
Hendersonville Christian School
School · 2.0 mi away
Sugarloaf Elementary School
Elementary · 2.0 mi away
Henderson County Public Schools
School · 2.1 mi away
Faith-Covenant Christian Academy
School · 2.1 mi away
Heritage Hall International School
School · 2.1 mi away
Hendersonville Middle School
Secondary · 2.2 mi away
Hendersonville Elementary School
Elementary · 2.3 mi away
Henderson County Early College
Secondary School · 2.4 mi away
Clear Creek Elementary School
Elementary · 2.5 mi away
Foster Circle Head Start
School · 2.6 mi away
Little Red School
Elementary · 2.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 93 N Snow Ridge Drive, Hendersonville, NC | $4,495,000 | 5 | 6 | 6,646 |
| 2531 Little River Road, Hendersonville, NC | $5,900,000 | 9 | 12 | 9,452 |
Moving Cost Estimate
EXIT Agents in Hendersonville
Listing Courtesy: Looking Glass Realty, Saluda - amywood@lookingglassrealty.com
Last Updated: 2025-11-14
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