Property profile

429 New Leicester Hwy Asheville, NC 28806

OFF-MARKET
Turn key restaurants
Property ID
US53-2012498
5,192 SF 0.85 ac lot Built 1983
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1983
Construction BRICK
Total area 5,192 SF
Lot 0.85 ac (37,026 SF)
Zoning code DEED DATE:07/21/2016 DEED
APN 9629-25-3969-00000
UPID US53-2012498

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
  • Restaurant

Location

429 New Leicester Hwy Asheville, NC 28806-2150
Asheville metro Census 1401 ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$829k
Blend (final) Blend
$130k

Owner & transaction history

since 2016
6 recorded transactions
2025
Price N/A
2019
Price N/A
2016
Price N/A
2013
$225,000
2012
$172,500
2007
Price N/A

Zoning & alternative use

DEED DATE:07/21/2016 DEED · Asheville, NC

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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