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    Property profile & analytics

    701 Brevard Rd Asheville, NC 28806-2203

    • Office buildings
    • 7,394 SF
    • 1.47 lot acres
    OFF-MARKET
    Value Estimation
    $1,655,000
    Last Sale
    Nov 21, 2022
    $1,800,000
    Location Intelligence
    Property ID
    US53-1278716
    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

    • Carolina Recovery Solutions / Addiction Treatment Center

    Property Details for 701 Brevard Rd

    Year built
    1987
    Construction
    FRAME
    Lot size
    1.47 lot acres
    Property size
    7,394 SF
    Zone code
    DEED DATE: 2022-11-21 DEE
    Property type
    Office buildings
    APN
    9627-91-9410-00000
    APU
    962791941000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,540,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,020,000
      6.5%
      $1,945,000
      7%
      $1,775,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,915,000
      Geo Method
      $2,300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,930,000
      Retail
      $1,745,000
      Mixed-Use
      $1,995,000
      Hospitality
      $1,915,000
      Educational
      $1,955,000
      Residential Income
      $1,895,000
      Energy
      $1,845,000
      Income-Based Land
      $1,950,000
      Food Service
      $2,020,000

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5979
    Latitude
    35.5414
    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
    $10,211
    $0.00
    $0.00
    $1,101,600
    -
    $544,300
    $557,300
    $1,101,600

    Comparable in this City

    • Value Estimation by Request
      1,908 SF

      18 Crst Knl Rd

      OFFICE BUILDING • 1,908 SF
      18 Crst Knl Rd, Asheville, NC 28806-6906
      View Details
    • Value Estimation by Request
      2,804 SF

      1419 Patton Ave

      OFFICE BUILDING • 2,804 SF
      1419 Patton Ave, Asheville, NC 28806-1721
      View Details
    • Value Estimation by Request
      1,902 SF

      844 Haywood Rd

      OFFICE BUILDING • 1,902 SF
      844 Haywood Rd, Asheville, NC 28806-3114
      View Details
    • Value Estimation
      $1,315,000
      5,258 SF

      547 Haywood Rd

      OFFICE BUILDING • 5,258 SF
      547 Haywood Rd, Asheville, NC 28806-3562
      View Details
    • Value Estimation
      $4,055,000
      12,101 SF

      800 Alliance Ct

      OFFICE BUILDING • 12,101 SF
      800 Alliance Ct, Asheville, NC 28806-0148
      View Details
    • Value Estimation by Request
      3,400 SF

      370 Louisiana Ave

      OFFICE BUILDING • 3,400 SF
      370 Louisiana Ave, Asheville, NC 28806-3600
      View Details

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      Asheville Restaurant Space Available

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    701 Brevard Rd
    Asheville, NC 28806-2203
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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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