Property profile

701 Brevard Rd Asheville, NC 28806

OFF-MARKET
Office buildings
Property ID
US53-1278716
7,394 SF 1.47 ac lot Built 1987
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Construction FRAME
Total area 7,394 SF
Lot 1.47 ac (64,033 SF)
Zoning code DEED DATE: 2022-11-21 DEE
APN 9627-91-9410-00000
UPID US53-1278716

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
  • Medical Clinic

Location

701 Brevard Rd Asheville, NC 28806-2203
Asheville metro Census 2306 ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.25M
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$1.54M

Owner & transaction history

since 2022
Last sale
$1.8M
7 recorded transactions
2023
Price N/A
2023
Price N/A
2023
Price N/A
2022
Price N/A
2022
$1.8M
2022
Price N/A
2020
Price N/A

Zoning & alternative use

DEED DATE: 2022-11-21 DEE · Asheville, NC
Top alternative use upside
Restaurant $2.8M +94.4%
Auto repair, garage $1.9M +32.9%
Medical building $1.7M +17.0%

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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