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Property profile

1500 Tunl Rd Asheville, NC 28805

OFF-MARKET
Commercial real estate
Property ID
US53-2099494
41,544 SF 2.03 ac lot Built 2020
Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2020
Construction BRICK
Total area 41,544 SF
Lot 2.03 ac (88,427 SF)
Zoning code DEED DATE:05/05/2009 DEED
APN 9678-15-1933-00000
UPID US53-2099494

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.88M
Blend (final) Blend
$9.88M

Owner & transaction history

since 2009
3 recorded transactions
2023
Price N/A
2019
Price N/A
2009
$10,000

Zoning & alternative use

DEED DATE:05/05/2009 DEED · Asheville, NC
Top alternative use upside
Restaurant $15.6M +55.5%
Auto repair, garage $10.7M +6.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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