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    1001 Patton Ave Asheville, NC 28806
    Property profile & analytics

    1001 Patton Ave, Asheville, NC 28806

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    • Strip malls
    • 134,354 SF
    • 17.37 lot acres
    Retail Space in Asheville, NC For Lease
    $11,185,000

    Retail Space in Asheville, NC

    Retail space available for rent in Asheville, North Carolina.

    1001 Patton Ave, Asheville, NC 28806
    View Listing
    Property ID
    US53-1241878
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sears Heating and Air Conditioning / HVAC Service / General Contractor
    • William Chapman / Pharmacy
    • George Etheredge / Pharmacy

    Property Details for 1001 Patton Ave

    Year built
    1967
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    17.37 lot acres
    Zone code
    DEED DATE:07/23/2019 DEED
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    9638-28-5358-00000
    APU
    963828535800000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 23, 2019 — Ingles Patton Ave Exchange LLC Bruce Steven Trust Warranty Deed —
    Jul 23, 2019 $8,500,000 Ingles Patton Ave Exchange LLC Bruce Steven Trust Grant Deed —
    Jan 2, 2009 — Cara,bruce Trust Bruce,paul Quit Claim Deed · related —
    Nov 25, 2008 — Martin,bruce Trust Sylmart Enterprises Ltd Pt Quit Claim Deed · related —

    Description

    This exceptional commercial property, located at 1001 Patton Avenue in Asheville, North Carolina, presents a unique opportunity for a single-tenant user. The building boasts a substantial 93,827 square feet of vacant retail space, offering significant potential for a large-scale operation or a business requiring extensive space. Situated in Buncombe County, with a zip code of 28806, this property enjoys a highly visible street-level location, ideal for maximizing brand exposure and attracting customers. The property's size and layout provide flexibility for a variety of retail concepts, allowing for customization to meet specific business needs. Given its substantial square footage and prime location in Asheville, this property represents a rare opportunity to establish a significant retail presence in a thriving market. The address is easily accessible, offering convenient access for both customers and employees. The entire building is currently vacant, providing a blank canvas for a new tenant to create their ideal retail environment. This is an exceptional opportunity for a business seeking a large, high-visibility space in a desirable location. Further details regarding the property's specifications and potential are available upon request.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $11,186,000
      Market price range: $11.2M - $45.8M
      AI Estimate
      $11,186,000
      Market price range: $11.2M - $45.8M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5913
    Latitude
    35.5887
    CBSA code
    11700
    CBSA name
    ASHEVILLE, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $78,901
    $0.00
    $0.00
    $8,512,400
    -
    $8,512,200
    $200
    $8,512,400
    View Listing
    More about this property
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