Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    12 Patton Cv Rd Swannanoa, NC 28778-2912

    • Drive through restaurants
    • 2,328 SF
    • 1.60 lot acres
    OFF-MARKET
    Value Estimation
    $1,365,000
    Last Sale
    May 09, 2024
    $1,375,000
    Location Intelligence
    Property ID
    US53-4663890
    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

    • Popeyes Louisiana Kitchen / Fast Food Restaurant / Restaurant

    Property Details for 12 Patton Cv Rd

    Year built
    2021
    Construction
    BRICK
    Lot size
    1.60 lot acres
    Property size
    2,328 SF
    Zone code
    DEED DATE: 2022-06-30 DEE
    Property type
    Drive through restaurants
    APN
    9689-80-8333-00000
    APU
    968980833300000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,375,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,310,000
      6.5%
      $1,260,000
      7%
      $1,355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,205,000
      Geo Method
      $1,515,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,165,000
      Retail
      $1,225,000
      Mixed-Use
      $1,200,000
      Hospitality
      $1,150,000
      Educational
      $1,325,000
      Residential Income
      $1,280,000
      Energy
      $1,450,000
      Income-Based Land
      $1,285,000
      Food Service
      $1,495,000

    Location Insight

    • Map
    • Local Demand
    City
    Swannanoa
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.4022
    Latitude
    35.5992
    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
    $7,792
    $0.00
    $0.00
    $1,184,900
    -
    $1,184,800
    $100
    $1,184,900

    Comparable in this City

    • Value Estimation by Request
      3,194 SF

      2333 Us 70th Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,194 SF
      2333 Us 70th Hwy, Swannanoa, NC 28778-8207
      View Details
    • Value Estimation by Request
      1,980 SF

      2361 Us 70th Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,980 SF
      2361 Us 70th Hwy, Swannanoa, NC 28778-8207
      View Details
    • Value Estimation by Request
      2,190 SF

      2690 Us 70th Hwy

      TAKE-OUT RESTAURANT • 2,190 SF
      2690 Us 70th Hwy, Swannanoa, NC 28778-9134
      View Details
    • Value Estimation
      $430,000
      2,571 SF

      2538 Us 70th Hwy

      RESTAURANT • 2,571 SF
      2538 Us 70th Hwy, Swannanoa, NC 28778-9101
      View Details
    • Value Estimation by Request
      3,691 SF

      2375 Us 70th Hwy

      RESTAURANT • 3,691 SF
      2375 Us 70th Hwy, Swannanoa, NC 28778-8207
      View Details
    • Value Estimation
      $2,040,000
      19,250 SF

      11 Patton Cv Rd

      RESTAURANT • 19,250 SF
      11 Patton Cv Rd, Swannanoa, NC 28778-2913
      View Details

    Similar Nearby for Sale

    • $1,100,000
      2.29 Acres

      Swannanoa Commercial Land Investment

      High-traffic location, development potential.
      2236 Us 70 Hwy, Swannanoa, NC 28778
      View Details
    • $449,900
      2,183 SF

      Swannanoa Commercial Building Opportunity

      High-visibility metal building, ready for your vision.
      2068 Us 70 Hwy, Swannanoa, NC 28778
      View Details
    • $1,000,000
      2 SF

      Swannanoa Acreage Near Asheville

      Two-acre property suitable for affordable housing development near Asheville.
      2236 Us 70 Hwy, Swannanoa, NC 28778
      View Details
    • $215,000
      19.16 Acres

      Unrestricted Mountain Land with Creek

      19+/- acres of unrestricted land featuring mountain views and a creek.
      99999 Christian Creek Rd, Swannanoa, NC 28778
      View Details
    • $50,000
      1.50 Acres

      Swannanoa Land with Mountain Views

      Wooded land parcel in established mountaintop community with potential views.
      Summer Haven Rd, Swannanoa, NC 28778
      View Details
    • $350,000
      6.40 Acres

      Swannanoa Land with Mountain Views

      6+ acre parcel near Asheville and Black Mountain.
      477 Rowland Rd, Swannanoa, NC 28778
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12 Patton Cv Rd
    Swannanoa, NC 28778-2912
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.