Realmo Analytics

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Property profile

53 Market St Asheville, NC 28801

OFF-MARKET
Office buildings
Property ID
US53-2158921
12,400 SF 0.37 ac lot Built 1928
Last sale Apr 2025 · $1,280,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Suite 211 at 53 N Market Street is a second-floor office space measuring 1,450 square feet within a building constructed in 1928. The suite includes a reception area, four private offices, two restrooms, and a small kitchenette; windows face west, and a side stair entrance provides access. A separate 3,806-square-foot basement area is part of the building and can be subdivided into smaller spaces of approximately 1,200 square feet. The property is located in downtown Asheville, with access to the I-240 on- and off-ramps and within walking distance of downtown amenities.

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 · 2024

What does the county charge?
$41k
Tax billed · 2024
Assessed value$3.66M
Effective rate1.12%

Value estimate

· Nov 2026
$4.16M
$3.74M – $4.57M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$185/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$93 – $278

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:12/21/2018 DEED
JurisdictionBUNCOMBE

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service8.9
Shoe Repair8.7
Storage Facility8.4

Location

53 Market St Asheville, NC 28801-2952
County assessor Recorded deeds · 8 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
47 College, Asheville, NC 28801-2819 $3,000,000 Nov 2023 12,522 SF
86 Asheland, Asheville, NC 28801-4044 $4,800,000 Sep 2022 12,910 SF
141 Asheland, Asheville, NC 28801-4047 $2,510,000 Aug 2022 12,804 SF
5 Ravenscroft, Asheville, NC 28801-3679 $2,000,000 Jul 2022 12,864 SF
29 Ravenscroft, Asheville, NC 28801-3649 $1,300,000 May 2022 11,486 SF
170 Lyman, Asheville, NC 28801-4372 $1,625,000 Jul 2021 13,125 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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