Financial
Distress signals
Property profile

895 Riverside Dr Asheville, NC 28804

OFF-MARKET
Commercial real estate
Property ID
US53-2183034
3,939 SF 0.21 ac lot Built 1930
Last sale Jun 2023 · $145,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 0.21-acre commercial development site presents a unique investment opportunity in the thriving Woodfin, NC market. Strategically located on the busy Riverside Drive, this property boasts high visibility and excellent access for any commercial venture. The existing structure on the lot has zero value, offering a blank canvas for your vision. This allows for complete customization and maximum return on investment. Potential uses are diverse and include various commercial…

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?
$1k
Tax billed · 2024
Assessed value$100k
Effective rate1.00%

Value estimate

· Sep 2026
$120k
$108k – $132k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$241/SF
Submarket average, outlier-cleaned · 228 recorded sales of this use type
Observed band · Q1–Q3$120 – $409
Qualifying comparables8

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: 2023-06-21 DEE
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 agency18.9
Law Firm18.6
Hair Salon15.1

Location

895 Riverside Dr Asheville, NC 28804-3221
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3 Reynolds Mtn, Asheville, NC 28804-1270 $3,276,000 Dec 2023 26,781 SF
957 Riverside, Asheville, NC 28804-3135 $540,000 Jan 2023 2,679 SF
325 Weaverville, Asheville, NC 28804-1229 $3,900,000 Nov 2022 25,628 SF
484 Merrimon, Asheville, NC 28804-3424 $350,000 Sep 2022 1,024 SF
1 Woodfin, Asheville, NC 28804-3033 $215,000 Feb 2022 1,702 SF
218 Elkwood, Asheville, NC 28804-2211 $359,000 Sep 2019 3,244 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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