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$699,500 Just Listed
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Property Description
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. 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.
Full Property Details
Full Property Details for 130 Oakland Hill Dr
General
- Price: $699,500
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4368999
- Updated: 4/16/2026
- Added to Site: 1 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
Parking
- Garage Description: 1,550 Sq. Ft.
Location
- County: Henderson
Utilities
- Sewer: Septic Installed
- Water: City
Structural Information
- # Buildings: 5
- Construction: Site Built
- Exterior Const.: Aluminum, Concrete, Synthetic Stucco
- Roof: Aluminum
- Drive-In Doors: 2
- Minimum Avail: 6,900 Sq. Ft.
- Year Built: 1965
Lot Features
- Street/Road Desc.: Gravel, Paved
- Elevation (Approx.): 2000
- Fencing (Description): Chain Link, Fenced, Full
Disclosures and Reports
- Special Conditions: Subject to Lease
- Restrictions: No Representation
- Inclusions: Building, Business, Fixtures
- Property ID: 9958024
- Lot Number: 3849-20
Listed by Keller Williams Professionals
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Schools
Schools serving 130 Oakland Hill Dr
School District:Henderson County Schools
| Name | Grades | Distance |
|---|---|---|
Etowah Elementary 320 Etowah School Road, Etowah, NC 28729 | K-5 | 1 mi |
Hendersonville Elementary 1039 Randall Circle, Hendersonville, NC 28791 | K-5 | 7.3 mi |
Rugby Middle 3345 Haywood Road, Hendersonville, NC 28791 | 6-8 | 6 mi |
West Henderson High 3600 Haywood Road, Hendersonville, NC 28791 | 9-12 | 6.2 mi |
Henderson Co Early College High 300 East Campus Drive, Flat Rock, NC 28731 | 9-12 | 10.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 130 Oakland Hill Dr
Date
Details
Price
Change
Source
4/15/2026
Listed
$699,500
92.97%
MLS
1/05/2022
Sold
$362,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 130 Oakland Hill Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,878
100%
$333,700
105%
2022
-100%
$162,600
—
2021
$1,099
—
$162,600
—
2020
$1,099
—
$162,600
—
2019
$1,099
15%
$162,600
14%
2018
$958
—
$143,000
—
2016
$958
8%
$143,000
—
2015
$885
14%
$143,000
12%
2013
$778
—
$127,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 130 Oakland Hill Dr
130 Oakland Hill Drive, Etowah, NC 28729 (MLS# 4368999) is a Commercial property. 130 Oakland Hill Drive is currently listed for $699,500 and was received on April 15, 2026. Want to learn more about 130 Oakland Hill Drive? Do you have questions about finding other Commercial real estate for sale in Etowah? You can browse all Etowah real estate or contact a Coldwell Banker agent to request more information.

