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    12 Pearl St Asheville, NC 28801

    Sponsored
    For Sale
    $1,200,000

    COMMERCIAL - Asheville, NC

    Lot size:
    0.27 Acres
    Days on Market:
    83
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 12 Pearl St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CBD
    APN
    9648-19-6680-00000
    Lot size
    0.27 Acres

    Keller Williams Professionals (828) 254-7253 [email protected]

    Listing agent Karen Gleason (828) 215-7337

    Listing date Oct 15, 2025

    MLS# 4136384 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Asheville Commercial Lot

    This vacant commercial lot is situated in the heart of downtown Asheville, North Carolina. Zoned CBD and located on the northwest side of downtown, the 0.27-acre lot offers opportunities for business or residential development. The surrounding area features a variety of shops, restaurants, and local businesses. The property provides easy access to major roads and public transportation. The location is suitable for establishing a presence in this growing community. The property is also available for long-term lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.560801
    Latitude
    35.593054

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    FAQs

    What type of property is this?
    Commercial land - Vacant commercial lot in the heart of downtown Asheville, NC.
    Where is this commercial land located?
    The property is located at 12 Pearl St Asheville, NC.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Prime downtown Asheville location (28801).; - Suitable for commercial or residential development.; - Located in the Central Business District (CBD).
    (828) 215-7337
    Request Owner's contact information
    12 Pearl St Asheville, NC 28801
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    Asheville, NC 28801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12 Pearl St Asheville, NC 28801
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