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Property profile & analytics

373 Biltmore Ave Asheville, NC 28801

  • Specialty properties
  • 3,704 SF
  • 0.21 lot acres
For Lease
Last Sale
Jul 11, 2024
$910,000
Value Estimations
$910,000
Cap Rate Potential
Location Intelligence
Property ID
US53-5814492
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

  • Specialty properties

Property Details for 373 Biltmore Ave

Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.21 lot acres
Property size
3,704 SF
Zone code
DEED DATE: 09/29/2011 DEE
Property type
Specialty properties
APN
9648-45-2666-00000
APU
964845266600000

Description

This 3,182 square foot retail building is located at 373 Biltmore Avenue in Asheville, North Carolina, at the signalized intersection of Biltmore Avenue and Choctaw Street. Built in 1968, this single-tenant property sits on a 0.21-acre lot and offers excellent visibility with approximately 19,000 vehicles passing daily. Its prime location is just one mile from downtown Asheville and a half-mile from Mission Hospital, ensuring easy accessibility for both employees and customers. The building features 15 parking spaces and a dock-high loading dock, adding to its convenience. Inside, you'll find six offices, two restrooms, a kitchenette, and two large common meeting rooms, providing ample space for various business needs. The property also boasts a Cat 5 fiber line, 3-phase power service, and an alarm system. Recent improvements include a roof replacement in 2021. The property is zoned INST and has a Buncombe County APN of 9648-45-2666-00000. This versatile space is ideal for a variety of uses, including retail, showroom, professional offices, or medical offices. The building is currently vacant.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $910,000
    ML approach
    $910,000
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $950,000
    AUTO REPAIR, GARAGE
    $950,000
    MEDICAL BUILDING
    $835,000
    RETAIL STORES
    $695,000
    OFFICE BUILDING
    $685,000
    NEIGHBORHOOD: SHOPPING CENTER
    $635,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Asheville
County
Buncombe
State
North Carolina
Longitude
-82.5514
Latitude
35.5821
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
$0.00
$0.00
$0.00
$439,800
-
$192,100
$247,700
$439,800
More about this property
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