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    Property profile & analytics

    116 Montreat Rd Black Mountain, NC 28711-3116

    • Office buildings
    • 2,571 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 16, 2024
    Location Intelligence
    Property ID
    US53-0115585
    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.

    Current Use by Public Records

    • Sun and Moon Healing | Anisha Desai Fraser L.Ac, M.Ac, E-RYT 200 / Acupuncturist / Holistic Medicine Practitioner
    • Black Mountain Yoga / Yoga Studio

    Property Details for 116 Montreat Rd

    Year built
    1969
    Construction
    BRICK
    Lot size
    0.41 lot acres
    Property size
    2,571 SF
    Zone code
    DEED DATE: 01/11/2013 DEE
    Property type
    Office buildings
    APN
    0619-36-0881-00000
    APU
    61936088100000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Black Mountain
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.3214
    Latitude
    35.6192
    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
    $3,129
    $0.00
    $0.00
    $373,100
    -
    $178,600
    $194,500
    $373,100

    Comparable in this City

    • Value Estimation by Request
      5,020 SF

      120 Randolph Ave

      OFFICE BUILDING • 5,020 SF
      120 Randolph Ave, Black Mountain, NC 28711-0810
      View Details
    • Value Estimation by Request
      1,834 SF

      115 Richardson Blvd

      OFFICE BUILDING • 1,834 SF
      115 Richardson Blvd, Black Mountain, NC 28711-3526
      View Details
    • Value Estimation by Request
      2,312 SF

      203 Black Mtn Ave

      OFFICE BUILDING • 2,312 SF
      203 Black Mtn Ave, Black Mountain, NC 28711-3404
      View Details
    • Value Estimation by Request
      7,254 SF

      501 State St

      OFFICE BUILDING • 7,254 SF
      501 State St, Black Mountain, NC 28711-2745
      View Details
    • Value Estimation by Request
      9,900 SF

      17 Sunset Dr

      OFFICE BUILDING • 9,900 SF
      17 Sunset Dr, Black Mountain, NC 28711-3833
      View Details
    • Value Estimation by Request
      2,874 SF

      130 Ctr Ave

      OFFICE BUILDING • 2,874 SF
      130 Ctr Ave, Black Mountain, NC 28711-3509
      View Details

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      Black Mountain Land Opportunity

      Two cleared lots in Black Mountain, walking distance to downtown.
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    • Contact for pricing
      0.86 Acres

      Wooded Lot in Black Mountain

      Serene 0.86-acre wooded lot in Black Mountain, North Carolina.
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    • $410,000
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      Black Mountain Buildable Land Tracts

      Three tracts of land suitable for subdivision or tiny home development.
      unit Tracts B C & D Carolina Hts, Black Mountain, NC 28711
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    Similar Nearby for Lease

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      Distribution properties • 150,665 SF
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    • $799,000
      2,010 SF

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      Drive-thru space at signalized corner near Ingles grocery store.
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      View Details

    Property Visit Statistics

    • Visits by month
      4.7k
    • Visitors by month
      3.0k
    • Avg Time on site
      15 min
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    116 Montreat Rd
    Black Mountain, NC 28711-3116
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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