Financial
Distress signals
Property profile

704 Riverside Dr Asheville, NC 28801

OFF-MARKET
Breweries
Property ID
US53-0117182
3,150 SF 0.13 ac lot Built 1960
Last sale Aug 2019 · $320,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial property is located in North Asheville at Pearson Bridge, adjacent to the French Broad River, providing site access to the river upstream from Riverside Park and the Taylor’s Wave whitewater attraction. It is situated along Riverside Drive near the Riverlink Gateway Park initiative intended to connect the area to the River Arts District. The site includes a shed or boathouse. A former outfitter building is present; it was impacted by flooding during Hurricane Helene, with water

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$325k
Effective rate1.03%

Value estimate

· Sep 2026
$225k
$203k – $248k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$162/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$109 – $254

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
DEED DATE:08/30/2019 DEED
JurisdictionBUNCOMBE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.5
Hair Salon18.0
Building Supply16.2

Location

704 Riverside Dr Asheville, NC 28801-1644
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
62 Orange, Asheville, NC 28801-2341 $2,340,000 Jul 2025 5,415 SF
264 Biltmore, Asheville, NC 28801-4156 $1,500,000 Aug 2024 5,500 SF
174 Merrimon, Asheville, NC 28801-1873 $9,400,000 Dec 2021 3,280 SF
231 Biltmore, Asheville, NC 28801-4107 $1,265,000 Apr 2021 2,780 SF
391 Merrimon, Asheville, NC 28801-1223 $650,000 Dec 2019 4,000 SF
16 Liberty, Asheville, NC 28801-1823 $1,200,000 Dec 2018 4,748 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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