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Financial
Distress signals
Property profile

173 Chestnut St Asheville, NC 28801

OFF-MARKET
Bed & breakfasts
Property ID
US53-0330170
4,439 SF 0.68 ac lot Built 1889
Last sale Jun 2022 · $2,425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Situated on East Chestnut Street a few blocks from downtown Asheville, this historic property was originally built in 1889 and comprises approximately 4,500+/- square feet. The site includes a 0.68-acre lot and is zoned Office, with bed-and-breakfast use noted as grandfathered. The interior layout provides flexibility for multiple uses, including continued hospitality operations such as a bed and breakfast or boutique inn, as well as potential professional office, gallery, or creative workspace…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$29k
Tax billed · 2024
Assessed value$2.78M
Effective rate1.03%

Value estimate

· Oct 2026
$2.08M
$1.87M – $2.28M
Submarket $/SF estimate$1.67M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$270/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$138 – $375

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

What can be built here?
DEED DATE: 2022-06-13 DEE
JurisdictionBUNCOMBE

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 Facility9.4
Shoe Repair8.7
Dry Cleaner8.5

Location

173 Chestnut St Asheville, NC 28801-2339
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
84 Oakland, Asheville, NC 28801-4818 $1,650,000 Dec 2022 5,048 SF
254 Cumberland, Asheville, NC 28801-1732 $1,600,000 Apr 2022 3,045 SF
120 Hillside, Asheville, NC 28801-1206 $2,287,000 Jul 2021 4,418 SF
46 Cumberland, Asheville, NC 28801-1718 $2,167,500 Jun 2021 4,862 SF
43 Watauga, Asheville, NC 28801-1027 $1,275,000 Apr 2021 4,818 SF
235 Pearson, Asheville, NC 28801-1613 $1,475,000 Jun 2019 5,839 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
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