Financial
Distress signals
Property profile

90 S Tunnel Rd Asheville, NC 28805

FOR LEASE
Strip malls
Property ID
US53-2076540
10,580 SF 0.72 ac lot Built 1998
Last sale May 2015
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A commercial site configured for either a ground lease or leasing of existing space, located at a signalized corner with frontage on Swannanoa River Road and S. Tunnel Rd. The property is positioned within a central retail trade area that includes major retailers such as Walmart, Target, Dick’s, and Ross, and is across the street from Lowe’s and Walgreens. The existing building shell was previously used as a strip center and totals approximately 8,989 square feet; it is described as

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$16k
Tax billed · 2024
Assessed value$1.70M
Effective rate0.93%

Value estimate

· Sep 2026
$780k
$702k – $858k
Sales comparison$1.79M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$172/SF
County average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$83 – $341

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: 05/11/2015 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 agency26.4
Law Firm24.0
Dental Office19.6

Location

90 S Tunnel Rd Asheville, NC 28805
County assessor Recorded deeds · 1 transfer 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 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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