49 Broadway St, Unit 101 Asheville, NC 28801-2956
- Commercial real estate
- 5,383 SF
Oct 15, 2024
Current Use by Public Records
- StudioWed / Wedding Store / Event Planner
- Inside Ideas / Marketing Agency
- Hedrick Gardner Kincheloe & Garofalo LLP / Law Firm
- Cyrus Hall Ltd / Employment Agency / Civil Engineer
- The Goss Agency / Marketing Agency / Design Agency
Property Details for 49 Broadway St
- Year built
- 1928
- Construction
- BRICK
- Property size
- 5,383 SF
- Zone code
- DEED DATE: 08/18/2004 DEE
- Property type
- Commercial real estate
- APN
- 9649-41-1026-C0101
- APU
- 9649411026C0101
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,455,000
- ML approach
- $1,455,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $960,000
- 6.5%
- $885,000
- 7%
- $820,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,680,000
- AI Estimate
- $1,680,000
Market price range: $644k - $2.25MMarket price range: $644k - $2.25M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,385,000 Current use
- RESTAURANT
- $2,020,000 Change: +46% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,380,000 Change: -0% Conversion: Difficult
- MEDICAL BUILDING
- $1,215,000 Change: -12% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Asheville
- County
- Buncombe
- State
- North Carolina
- Longitude
- -82.5526
- Latitude
- 35.597
- CBSA code
- 11700
- CBSA name
- ASHEVILLE, NC METROPOLITAN STATISTICAL AREA