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Financial
Distress signals
Property profile

275 Mcdowell St Asheville, NC 28803

FOR SALE
Medical Office Space
Property ID
US53-2087387
11,970 SF 1.24 ac lot Built 1996
Last sale Sep 2024 · $2,625,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$25k
Tax billed · 2024
Assessed value$2.42M
Effective rate1.03%

Value estimate

· Oct 2026
$2.63M
$2.36M – $2.89M
AI approach$2.63M
CAP approach$3.06M
Submarket $/SF estimate$2.31M
NOI build-up
Gross scheduled income$565k
Vacancy & credit loss−$13k
Operating expenses−$221k
NOI · 8.96% cap applied$331k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$226/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$174 – $319

Cap rate analysis

How does the asset earn?
8.96%
$331k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
DEED DATE:01/31/2019 DEED
JurisdictionBUNCOMBE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply15.3
HVAC Service14.4
Storage Facility13.6

Location

275 Mcdowell St Asheville, NC 28803
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
285 Mcdowell, Asheville, NC 28803-2606 $1,300,000 May 2024 5,698 SF
2001 Hendersonville, Asheville, NC 28803-2106 $1,300,000 Feb 2022 5,278 SF
21 Medical Park, Asheville, NC 28803-2493 $7,900,000 Feb 2022 17,393 SF
14 Medical Park, Asheville, NC 28803-2493 $6,158,000 Jul 2021 17,601 SF
12 Medical Park, Asheville, NC 28803-2493 $450,000 Dec 2020 10,459 SF
675 Biltmore, Asheville, NC 28803-2459 $2,850,000 Oct 2019 12,344 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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