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    Property profile & analytics

    136 Dougherty St Black Mountain, NC 28711

    • Bed & breakfasts
    • 10,274 SF
    • 0.85 lot acres
    For Sale
    View listing
    $3,250,000
    Value Estimation
    Last Sale
    Aug 09, 2022
    $2,500,000
    Location Intelligence
    Property ID
    US53-5637224
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Four Sisters Bakery / Bakery
    • Red Rocker Inn / Bed & Breakfast / Breakfast Restaurant

    Property Details for 136 Dougherty St

    Year built
    1919
    Lot size
    0.85 lot acres
    Property size
    10,274 SF
    Zone code
    DEED DATE: 2022-08-09 DEE
    Property type
    Bed & breakfasts
    APN
    0619-26-2478-00000
    APU
    61926247800000

    Description

    Nestled in Black Mountain, NC, this historic 1897 inn (renovated 2023) offers 17 guest rooms across two, three-story buildings totaling 11,576 square feet on a 0.85-acre lot. The property includes a restaurant with 80 seats, a full commercial kitchen, and a liquor license. A separate carriage house apartment, currently rented for $1,000 monthly, provides additional income potential. The inn also benefits from a leasehold agreement with a bakery generating approximately $75,000 in annual income. The property is zoned TR-4 and features antique furnishings, modern amenities, and stunning mountain views. Its prime location offers easy access to Asheville and numerous outdoor recreational opportunities. The asking price is $3,250,000, and the property is offered fee simple. The APN is 0619-26-2478-00000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,110,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,540,000
      6.5%
      $2,775,000
      7%
      $2,345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,480,000
      Geo Method
      $2,560,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,795,000
      Retail
      $2,535,000
      Mixed-Use
      $2,275,000
      Hospitality
      $2,175,000
      Educational
      $2,205,000
      Residential Income
      $2,310,000
      Energy
      $2,270,000
      Income-Based Land
      $2,825,000
      Food Service
      $2,810,000

    Location Insight

    • Map
    • Local Demand
    City
    Black Mountain
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.3241
    Latitude
    35.6183
    CBSA code
    11700
    CBSA name
    ASHEVILLE, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $18,477
    $0.00
    $0.00
    $2,203,300
    -
    $116,100
    $2,087,200
    $2,203,300

    Comparable in this City

    • Value Estimation by Request
      4,455 SF

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      BED & BREAKFAST • 4,455 SF
      1186 Old Us Hwy 70th W, Black Mountain, NC 28711-2595
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    • Value Estimation by Request
      4,833 SF

      109 Church St

      BED & BREAKFAST • 4,833 SF
      109 Church St, Black Mountain, NC 28711-3301
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    • Value Estimation
      $1,865,000
      4,601 SF

      207 Rhododendron Ave

      BED & BREAKFAST • 4,601 SF
      207 Rhododendron Ave, Black Mountain, NC 28711-3037
      View Details
    • Value Estimation
      $980,000
      7,358 SF

      406 State St

      BED & BREAKFAST • 7,358 SF
      406 State St, Black Mountain, NC 28711-3345
      View Details
    • Value Estimation by Request
      36.60 Acres

      Cp Elliott Rd

      CAMPGROUND, RV PARK • 36.60 Acres
      Cp Elliott Rd, Black Mountain, NC 28711
      View Details
    • Value Estimation
      $9,425,000
      1,344 SF

      374 Eden Rock Ln

      CAMPGROUND, RV PARK • 1,344 SF
      374 Eden Rock Ln, Black Mountain, NC 28711
      View Details

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    Similar Nearby for Lease

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      View Details
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    136 Dougherty St
    Black Mountain, NC 28711
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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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