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    Property profile & analytics

    501 Tunl Rd Asheville, NC 28805-1824

    • Hotels
    • 6,698 SF
    • 3.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-0151455
    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

    • Best Western Asheville -Blue Ridge Parkway / Hotel

    Property Details for 501 Tunl Rd

    Year built
    1964
    Construction
    BRICK
    Lot size
    3.08 lot acres
    Property size
    6,698 SF
    Zone code
    DEED DATE: 09/01/2005 DEE
    Property type
    Hotels
    APN
    9658-46-8649-00000
    APU
    965846864900000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5159
    Latitude
    35.586
    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
    $41,599
    $0.00
    $0.00
    $4,488,000
    -
    $1,643,500
    $2,844,500
    $4,488,000

    Comparable in this City

    • Value Estimation by Request
      5,190 SF

      1430 Tunl Rd

      HOTEL • 5,190 SF
      1430 Tunl Rd, Asheville, NC 28805-2802
      View Details
    • Value Estimation by Request
      3,700 SF

      141 Tunl Rd

      MOTEL • 3,700 SF
      141 Tunl Rd, Asheville, NC 28805-1817
      View Details
    • Value Estimation by Request
      5,605 SF

      835 Tunl Rd

      MOTEL • 5,605 SF
      835 Tunl Rd, Asheville, NC 28805-2009
      View Details
    • Value Estimation
      $1,280,000
      648 SF

      321 Stevens Ln

      CAMPGROUND, RV PARK • 648 SF
      321 Stevens Ln, Asheville, NC 28805-2830
      View Details
    • Value Estimation by Request
      4,250 SF

      15 Tunl Rd

      MOTEL • 4,250 SF
      15 Tunl Rd, Asheville, NC 28805-1229
      View Details
    • Value Estimation by Request
      800 SF

      99999 Tunl Rd

      CAMPGROUND, RV PARK • 800 SF
      99999 Tunl Rd, Asheville, NC 28805-1601
      View Details

    Similar Nearby for Sale

    • $2,600,000
      10.90 Acres

      Asheville Apartment Complex Opportunity Zone

      10.9 acre parcel approved for 153-unit apartment complex.
      110 River Hills Rd, Asheville, NC 28805
      View Details
    • $795,000
      0.72 Acres

      Asheville Commercial Land - $795K

      .72-Acre Commercial Lot, High Visibility
      1480 Tunnel Rd, Asheville, NC 28805
      View Details
    • $180,000
      0.81 Acres

      Asheville Land with Development Potential

      0.81 acres near downtown Asheville with RM-6 zoning.
      97 Old Haw Creek Rd, Asheville, NC 28805
      View Details
    • $1,999,000

      Asheville Investment Opportunity

      Veterinary hospital with apartments, anchored by national practice.
      1275 Tunnel Rd, Asheville, NC 28805
      View Details
    • $200,000
      0.63 Acres

      Asheville Land Subdivision Opportunity

      Level lot with subdivision potential in Asheville, North Carolina.
      99999 Campground Rd, Asheville, NC 28805
      View Details
    • $2,900,000
      13,818 SF

      Asheville Retail Center Investment

      High-Yield, 100% Leased Property
      271 Tunnel Rd, Asheville, NC 28805
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      973,371 SF

      Asheville Food Court Opportunity

      Prime Asheville retail space, multiple units available.
      3 Tunnel Rd, Asheville, NC 28805
      View Details
    • Contact for pricing

      Commercial Land Near Downtown Asheville

      Commercial land for rent, 10 minutes from Downtown Asheville.
      40 South Tunnel Rd, Asheville, NC 28805
      View Details
    • Contact for pricing
      6,808 SF

      Asheville Warehouse with Dock Doors

      6,808 SF warehouse with 18 dock high doors.
      56 Truckers Pl, Asheville, NC 28805
      View Details
    • Contact for pricing
      8,989 SF

      Retail Space Near Asheville Mall

      Signalized corner location with excellent visibility and access.
      90 S Tunnel Rd, Asheville, NC 28805
      View Details
    • $775,000

      Prime Commercial Land on US-70

      Flat, accessible 0.72 acre site on US-70 for lease.
      1480 Tunnel Rd, Asheville, NC 28805
      View Details

    Property Visit Statistics

    • Visits by month
      4.1k
    • Visitors by month
      1.9k
    • Avg Time on site
      403 min
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    501 Tunl Rd
    Asheville, NC 28805-1824
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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