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    Tbd Frito Way Unit 2 Arden, NC 28704

    • Commercial real estate
    • 1,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Tbd Frito Way Unit 2

    Year built
    2025
    Property size
    1,000 SF
    Property type
    Commercial real estate

    Description

    This exceptional 1,000 square foot motor condominium unit is situated within The Vault, a gated luxury community in Arden, North Carolina. Boasting a 19-foot ceiling and a spacious 16' x 14' garage door, this unit provides ample room for car enthusiasts, boat owners, or anyone needing secure, climate-controlled storage. The reinforced concrete floor is ready for customization, accommodating car lifts, turntables, or a loft. Individual water and electric meters ensure efficient utility management. Pre-plumbing for a bathroom and shower allows for the creation of a personalized workspace or retreat. Dual head mini-splits provide year-round climate control. LED lighting enhances the space's functionality and aesthetic appeal. The secure complex features key fob access and 24/7 security monitoring, offering peace of mind. Located just south of downtown Asheville, this property provides convenient access to the vibrant city life and the scenic beauty of the Blue Ridge Parkway, only 3 minutes away. This is a rare opportunity to own a highly customizable and secure storage unit in a prime location. The price for this exceptional unit is $325,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Arden
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5803
    Latitude
    35.4812

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      4 Celtic Dr, Unit A06

      COMMERCIAL CONDOMINUIM • 1,500 SF
      4 Celtic Dr, Arden, NC 28704-9157
      View Details
    • Value Estimation by Request
      1,500 SF

      4 Celtic Dr, Unit B03

      COMMERCIAL CONDOMINUIM • 1,500 SF
      4 Celtic Dr, Arden, NC 28704-9157
      View Details
    • Value Estimation by Request
      1,800 SF

      4 Celtic Dr, Unit A02

      COMMERCIAL CONDOMINUIM • 1,800 SF
      4 Celtic Dr, Arden, NC 28704-9157
      View Details
    • Value Estimation by Request
      6,408 SF

      377 Long Shls Rd

      COMMERCIAL (GENERAL) • 6,408 SF
      377 Long Shls Rd, Arden, NC 28704-8794
      View Details
    • Value Estimation by Request
      27,581 SF

      10 Old Shls Rd

      COMMERCIAL (GENERAL) • 27,581 SF
      10 Old Shls Rd, Arden, NC 28704-8438
      View Details
    • Value Estimation by Request
      1,500 SF

      4 Celtic Dr, Unit B01

      COMMERCIAL CONDOMINUIM • 1,500 SF
      4 Celtic Dr, Arden, NC 28704-9157
      View Details

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    • $350,000

      Luxury Arden Motor Condo Unit

      Private, secure garage condo in gated community.
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    Similar Nearby for Lease

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      Upscale Retail Center Suites Available

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    Tbd Frito Way Unit 2
    Arden, NC 28704
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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
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