Property profile

40 Mdw Rd Asheville, NC 28803

OFF-MARKET
Industrial properties
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Property ID
US53-5386591
6,056 SF 9.61 ac Built 1964
Last sale Dec 2023·$4,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$22k
Tax billed · 2024
Assessed value$2.13M
Effective rate1.03%

Value estimate

· Nov 2026
$3.77M
$3.39M – $4.14M

Realmo valuation models over county records and 3 qualifying comparable sales.

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

What can be built here?
DEED DATE: 2023-12-04 DEE
JurisdictionBUNCOMBE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.4
Auto Repair Shop9.9
Kitchen & Bath9.9

Location

40 Mdw Rd Asheville, NC 28803-2652
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales 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
99 Thompson, Asheville, NC 28803-2331 $450,000 Jun 2025 5,420 SF
92 Thompson, Asheville, NC 28803 $475,500 Dec 2024 7,500 SF
25 Mulvaney, Asheville, NC 28803-1457 $1,750,000 Jan 2023 5,580 SF
119 Sweeten Crk, Asheville, NC 28803 $700,000 Dec 2021 6,940 SF
278 Mls Gap, Asheville, NC 28803 $7,800,000 Oct 2021 5,400 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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