130 Oakland Hill Drive
Etowah, NC 28729
Est. $4,021/mo — See my rate
About This Home
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), 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.
Property Details
Interior Details
- Exclusions
- Any tenant-owned fixtures do not convey
- Inclusions
- Building
- Business
- Fixtures
- Sqftgarage
- 1550
- Total Bathrooms
- 1
- Sqftmaximumlease
- 0.00
- Sqftminimumlease
- 0.00
- Sqftavailablemaximum
- 6900
- Sqftavailableminimum
- 6900
Square Footage And Levels
- Below Grade Finished Area
- 0
Exterior Features
- Roof
- Aluminum
- Construction Materials
- Aluminum
- Concrete
- Synthetic Stucco
Lot And Land
- Fencing
- Chain Link
- Fenced
- Full
- Lot Size Acres
- 0.7
- Lot Size Units
- Acres
Basement And Foundation
- Foundation Details
- Slab
Utilities
- Sewer
- Septic Installed
- Water Source
- City
Financial Information
- Citytaxespaidto
- Etowah
Zoning And Restrictions
- Zoningspecification
- R1
Multi Unit Details
- Number Of Buildings
- 5
Listed by Chris Gragtmans (864-915-5780) · Keller Williams Professionals (828-254-7253)
Location
- Address
- 130 Oakland Hill Drive
- City
- Etowah, NC 28729
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
IDX information is provided exclusively for consumers’ personal, non-commercial use only; it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS GRID. Use of this site may be subject to an end user license agreement.
Based on information submitted to the MLS GRID as of Jun 29, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Some IDX listings have been excluded from this website.
Any use by you of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
DMCA Notice: Palmetto Park Realty respects the intellectual property rights of others. If you believe that your work has been copied in a way that constitutes copyright infringement, please provide our designated agent with written notice containing the following information: (1) identification of the copyrighted work claimed to have been infringed; (2) identification of the material that is claimed to be infringing; (3) your contact information; (4) a statement that you have a good faith belief that use of the material is not authorized; and (5) a statement that the information in the notification is accurate and you are authorized to act on behalf of the copyright owner.
Please send DMCA notices to: hello@palmettopark.com
Free account needed — create one to continue viewing homes.
Members see everything — free👋 Still browsing this community?
See everything on 130 Oakland Hill Drive
Full photos, price history, and every active & pending home in this community with a free account.
1 / 18- ✓ Full price & tax history for this home
- ✓ Every active & pending this community listing
- ✓ Price-drop & new-listing alerts — you control them
Palmetto Park Realty Team
Check your messages
Enter your 6-digit code
We sent a code to .
You're in — want text alerts too?
Verify your number and we'll text you price drops and new this community listings. 1–2 texts a month, stop anytime.
You're in
Enjoy full access to 130 Oakland Hill Drive and every home on Palmetto Park.