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    Property profile & analytics

    120 State St Black Mountain, NC 28711-3523

    • Commercial land
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 17, 2023
    $1,000,000
    Location Intelligence
    Property ID
    US53-1390554
    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

    • Cash Points ATM / Atm
    • The Laundry - Refillery & Essentials / Home Goods Store
    • Black Mountain Home & Accents / Home Goods Store / Bedding Store

    Property Details for 120 State St

    Lot size
    0.24 lot acres
    Zone code
    DEED DATE: 2023-03-17 DEE
    Property type
    Commercial land
    APN
    0619-36-5421-00000
    APU
    61936542100000

    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
    -82.3198
    Latitude
    35.6182
    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
    $1,578
    $0.00
    $0.00
    $188,200
    -
    $188,200
    $0.00
    $188,200

    Comparable in this City

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      20.40 Acres

      Blue Rdg Rd

      VACANT COMMERCIAL LAND • 20.40 Acres
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    • Value Estimation by Request
      17.56 Acres

      Us 70th Hwy

      VACANT COMMERCIAL LAND • 17.56 Acres
      Us 70th Hwy, Black Mountain, NC 28711
      View Details
    • Value Estimation by Request
      0.21 Acres

      251 Avena Rd

      VACANT COMMERCIAL LAND • 0.21 Acres
      251 Avena Rd, Black Mountain, NC 28711-3653
      View Details
    • Value Estimation by Request
      0.09 Acres

      Ridgeway Ave

      VACANT COMMERCIAL LAND • 0.09 Acres
      Ridgeway Ave, Black Mountain, NC 28711
      View Details
    • Value Estimation by Request
      0.40 Acres

      3096 Us 70th Hwy

      VACANT COMMERCIAL LAND • 0.40 Acres
      3096 Us 70th Hwy, Black Mountain, NC 28711-7303
      View Details
    • Value Estimation by Request
      0.34 Acres

      Nc 9th Hwy

      VACANT COMMERCIAL LAND • 1,536 SF
      Nc 9th Hwy, Black Mountain, NC 28711
      View Details

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    Similar Nearby for Lease

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      Distribution properties • 150,665 SF
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      Drive-thru space at signalized corner near Ingles grocery store.
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    Property Visit Statistics

    • Visits by month
      1.2k
    • Visitors by month
      993
    • Avg Time on site
      39 min
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    120 State St
    Black Mountain, NC 28711-3523
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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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