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    Property profile & analytics

    837 Old Mars Hl Hwy Weaverville, NC 28787-9690

    • Office Properties & Spaces
    • 3,498 SF
    • 1.15 lot acres
    OFF-MARKET
    Value Estimation
    $150,000
    Last Sale
    Apr 08, 2022
    $170,000
    Location Intelligence
    Property ID
    US53-1513904
    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

    • North Buncombe Pawn Inc / Pawn Shop

    Property Details for 837 Old Mars Hl Hwy

    Year built
    2003
    Construction
    STEEL FRAME
    Lot size
    1.15 lot acres
    Property size
    3,498 SF
    Zone code
    DEED DATE: 2022-04-08 DEE
    Property type
    Office Properties & Spaces
    APN
    9745-98-8860-00000
    APU
    974598886000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $145,000

    • CAP approach

      CAP return
      Estimation
      6%
      $165,000
      6.5%
      $150,000
      7%
      $175,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $170,000
      Geo Method
      $155,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $145,000
      Retail
      $150,000
      Mixed-Use
      $155,000
      Hospitality
      $175,000
      Educational
      $180,000
      Residential Income
      $140,000
      Energy
      $130,000
      Income-Based Land
      $170,000
      Food Service
      $150,000

    Location Insight

    • Map
    • Local Demand
    City
    Weaverville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5415
    Latitude
    35.7834
    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
    $2,096
    $0.00
    $0.00
    $324,900
    -
    $109,700
    $215,200
    $324,900

    Comparable in this City

    • Value Estimation
      $345,000
      4,960 SF

      13 Central Ave

      OFFICE (GENERAL) • 4,960 SF
      13 Central Ave, Weaverville, NC 28787
      View Details
    • Value Estimation by Request
      3,328 SF

      8 Dula Spgs Rd

      OFFICE (GENERAL) • 3,328 SF
      8 Dula Spgs Rd, Weaverville, NC 28787-9336
      View Details
    • Value Estimation
      $245,000
      1,940 SF

      1240 Reems Crk Rd

      OFFICE (GENERAL) • 1,940 SF
      1240 Reems Crk Rd, Weaverville, NC 28787
      View Details
    • Value Estimation by Request
      1,720 SF

      597 Old Mars Hl Hwy

      OFFICE (GENERAL) • 1,720 SF
      597 Old Mars Hl Hwy, Weaverville, NC 28787-9681
      View Details
    • Value Estimation by Request
      1,225 SF

      15 Monnie Jones Rd

      OFFICE (GENERAL) • 1,225 SF
      15 Monnie Jones Rd, Weaverville, NC 28787-8309
      View Details
    • Value Estimation by Request
      2,072 SF

      183 Old Mars Hl Hwy

      OFFICE (GENERAL) • 2,072 SF
      183 Old Mars Hl Hwy, Weaverville, NC 28787-9011
      View Details

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      8+ acre parcel with mountain views and easy access.
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    Similar Nearby for Lease

    • $6 SF/Yr
      400,000 SF

      Park 108: Premier Flex Space

      Asheville MSA industrial/office complex; 7 suites available.
      108 Monticello Rd, Weaverville, NC 28787
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    • $2,800 /Mo
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      Street-level suite in Weaverville near I-26 and local amenities.
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    • $5 SF/Yr
      133,000 SF

      Balcrank Factory: Weaverville, NC

      Warehouse/Manufacturing Space Available
      115 Reems Creek Rd, Weaverville, NC 28787
      View Details
    • $246,750
      791,921 SF

      Industrial Space Near I-26

      Industrial building with loading docks and drive-in doors near Asheville.
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      View Details
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    Weaverville, NC 28787-9690
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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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