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Property summary
This 30,000-square-foot mixed-use venue was built in 1954 and has been configured for retail, gallery, restaurant, and activity-oriented uses under names including The Dry Ridge Fairgrounds and The Dry Ridge Arcade. Interior space is offered in configurations ranging from approximately 5,000 to 40,000 square feet, with warehouse occupancy specifically excluded from the described configurations. The property includes outdoor areas that may be suitable for a retail business such as a nursery or… garden center. A large indoor pickleball facility occupies a substantial portion at the far end of the building, and an additional fitness-related build-out is also present in the building; the property also features plans for outdoor flea-market activities. A large parking lot supports the site. The venue is located between Asheville and Weaverville, just outside Asheville city limits, with downtown Asheville about 12 minutes away and downtown Weaverville about 7 minutes away.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 135,207 SF
- Lot area
- 18.18 ac
- Year built
- 1954
- Stories
- 1
- APN
- 9742-24-9167-00000
- Zoning
- DEED DATE:02/08/2017 DEED
- Assessed value · 2024
- $2,781,100
- Annual tax · 2024
- $24,129
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2024
- $24,129
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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