207 Coxe Ave Asheville, NC 28801-4006
Property profile & analytics
207 Coxe Ave Asheville, NC 28801-4006
- Warehouses
- 23,160 SF
- 1.44 lot acres
Property ID
US53-5343039
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.
Location Intelligence
Current Use by Public Records
- Asheville Makers / Charitable Organization / Social Service Agency
- Swann Creative Design / Marketing & Advertising / (Bike/Boat/Book/etc) Store
- The Bright Angle / (Bike/Boat/Book/etc) Store
- The Artists at 207 / Art Gallery
- therefineryAVL / Art Gallery
Property Details for 207 Coxe Ave
- Year built
- 1920
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.44 lot acres
- Property size
- 23,160 SF
- Zone code
- DEED DATE:07/02/2015 DEED
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 9648-37-2533-00000
- APU
- 964837253300000
Description
This exceptional 17,795 square foot retail property, located at 207 Coxe Avenue in Asheville, North Carolina, presents a unique investment opportunity. Built in 1940, this free-standing commercial building sits on a generous 1.44-acre lot and is zoned CBD (Central Business District). Currently configured as a multi-tenant building, it houses a mix of artist workspaces and a showcase gallery, fostering a vibrant and creative community. The building offers a rich, collaborative environment ideal for creative businesses and artists. While the building has a total of one suite, a portion of the space is currently vacant, totaling 443 square feet. This presents an immediate opportunity for a new tenant to establish a presence in this thriving South Slope neighborhood. The property's location within Buncombe County, zip code 28801, provides excellent access to Asheville's vibrant arts scene and amenities. The building's history and unique character offer a distinctive setting for a variety of businesses. This is an exceptional opportunity to acquire a well-situated retail property in a highly desirable area. The available space is perfect for an artist or small creative office seeking a collaborative and inspiring work environment.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,685,000
- AI Estimate
- $3,685,000
Market price range: $1.97M - $4.69MMarket price range: $1.97M - $4.69M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,915,000 Current use
- COMMERCIAL (GENERAL)
- $5,950,000 Change: +104% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $5,935,000 Change: +104% Conversion: Easy
- MEDICAL BUILDING
- $5,225,000 Change: +79% Conversion: Difficult
- RETAIL STORES
- $4,350,000 Change: +49% Conversion: Moderate
- OFFICE BUILDING
- $4,290,000 Change: +47% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $3,985,000 Change: +37% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Asheville
- County
- Buncombe
- State
- North Carolina
- Longitude
- -82.5551
- Latitude
- 35.587
- 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
$25,820
$0.00
$0.00
$2,303,700
-
$2,070,000
$233,700
$2,303,700
