Property summary
This exceptional retail space, located at 101 Patton Avenue in Asheville, North Carolina, offers a unique opportunity for businesses seeking high visibility and foot traffic. The property, built in 1936 and zoned CBD (Central Business District) within Buncombe County, boasts a total of 10,276 square feet, with 4,596 square feet currently vacant. The existing space is a warm-shell "white box" condition, providing flexibility for tenant build-out to suit specific needs. The layout allows for potential demising to create units of approximately 1,000 square feet or larger, catering to a variety of business sizes. Situated on Patton Avenue, this location benefits from significant vehicle and pedestrian traffic due to its placement between the signalized intersections of Asheland and Coxe Avenues. The property enjoys prominent street frontage, ensuring excellent visibility for your business. Its central downtown location provides easy access to numerous shops, hotels, and restaurants, and is within walking distance of the vibrant South Slope District. This is an unparalleled opportunity to establish a presence in one of Asheville's most desirable commercial areas. The property is a single-tenant space, offering a unique and highly visible location for your business.
Property profile
VerifiedCap rate & NOI
Current use
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Hardware & Home Improvement Construction Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
DEED DATE: 2023-05-19 DEE · Asheville, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DEED DATE: 2023-05-19 DEE in Asheville, NC.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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