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Property profile

114 Lexington Ave Asheville, NC 28801

OFF-MARKET
Retail properties & Spaces
7,042 SF 0.06 ac lot Built 1926
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Property summary

AI-generated overview

This exceptional three-story, 7,042 square foot brick building presents a turnkey opportunity in Asheville's vibrant downtown core. Located at the signalized intersection of Exit 5A off I-240, it boasts prominent visibility from two major city streets and interstate frontage. The property features three distinct levels: a 2,240 square foot lower level with retail space and a commercial kitchen, complete with a platform passenger lift and dumbwaiter

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility11.5
Laundry Service11.0
HVAC Service10.3

Location

114 Lexington Ave Asheville, NC 28801
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10 Spruce, Asheville, NC 28801-3027 $16,100,000 Feb 2025 6,357 SF
28 Spruce, Asheville, NC 28801-3024 $1,490,000 May 2024 7,554 SF
34 Lexington, Asheville, NC 28801-3310 $1,200,000 Nov 2023 6,696 SF
48 Market, Asheville, NC 28801 $1,300,000 Jun 2023 6,840 SF
197 Hilliard, Asheville, NC 28801-3616 $1,400,000 Oct 2022 7,850 SF
21 Buxton, Asheville, NC 28801-4019 $2,200,000 Oct 2021 5,958 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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