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Property profile & analytics
OFF-MARKET
Super regional malls

1 Tunl Rd Asheville, NC 28805-2218

120,551 SF 15.61 ac lot Built 1971
Individually Owned 2-yr Hold Free & Clear
Property ID
US53-5744932
Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1971
Construction TILT-UP CONCRETE
Total area 120,551 SF
Lot 15.61 ac (679,972 SF)
Zoning code UP
APN 9658-15-2679-00000
UPID US53-5744932
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Summit Home Inspection Home Inspector
  • Dr. Paul Michalove Physician
  • Sears Appliance Repair Home Appliance Store
  • Sigma Alpha Iota Inc Volunteer Organization Community Center
  • Budget Truck Rental Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ingles Markets Incorporated · 2 yrs held
Ingles Markets Incorporated
since 2023
Last sale
$2.1M
7 recorded transactions
2023
$2.1M
2023
$4.3M
2023
$2.8M
2021
$8.5M
2021
Price N/A
2019
Price N/A
1969
Price N/A
Zoning & alternative use
UP · Asheville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

up to 365 days from the date of approval of the certificate of appropriateness. The maximum period of delay authorized by this subsection shall be reduced by the HRC where it finds that the owner would suffer extreme hardship or be permanently deprived of all beneficial use of or return from such property by virtue of the delay. During such period the HRC ma…

Zone name Urban Place
General category UNKNOWN
Zone area 331.75 ac
Source Chapter 7 DEVELOPMENT
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