Financial
Distress signals
Property profile

10 Spruce St Asheville, NC 28801

OFF-MARKET
Retail space
Property ID
US53-1742801
6,357 SF 0.15 ac lot Built 1946
Last sale Feb 2025 · $16,100,000
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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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$18k
Tax billed · 2024
Assessed value$1.59M
Effective rate1.12%

Value estimate

· Sep 2026
$17.49M
$15.74M – $19.24M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$188/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$150 – $286
Qualifying comparables4

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: 08/17/1994 DEE
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 Service9.1
Storage Facility9.0
Shoe Repair8.7

Location

10 Spruce St Asheville, NC 28801-3027
County assessor Recorded deeds · 4 transfers 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
28 Spruce, Asheville, NC 28801-3024 $1,490,000 May 2024 7,554 SF
14 Church, Asheville, NC 28801-3337 $200,000 Jan 2024 5,280 SF
34 Lexington, Asheville, NC 28801-3310 $1,200,000 Nov 2023 6,696 SF
48 Market, Asheville, NC 28801 $1,300,000 Jun 2023 6,840 SF
21 Buxton, Asheville, NC 28801-4019 $2,200,000 Oct 2021 5,958 SF
18 Broadway, Asheville, NC 28801-2904 $1,275,000 Jan 2021 5,880 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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