Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

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

The property is a retail strip center shell located at a signalized corner within a retail trade area that includes major national retailers. The existing building shell, previously part of a strip center, is approximately 8,989 square feet and is described as structurally sound with an owner-provided report available. The site was damaged by Hurricane Helene, and the shell is currently intact in a condition consistent with reuse as a redevelopment base while generally maintaining the former…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$16k
Tax billed · 2024
Assessed value$1.70M
Effective rate0.93%

Value estimate

· Oct 2026
$780k
$702k – $858k
Submarket $/SF estimate$1.79M

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

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 3 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
150 Bleachery, Asheville, NC 28805-8209 $21,723,500 Mar 2025 24,064 SF
10 Peaks Ctr, Asheville, NC 28805-0056 $5,880,000 Jun 2023 8,708 SF
168 Tunl, Asheville, NC 28805-1853 $3,282,500 Mar 2022 9,800 SF
15 Peaks Ctr, Asheville, NC 28805-0093 $8,000,000 Jan 2020 8,535 SF
40 Peaks Ctr, Asheville, NC 28805-0056 $8,000,000 Jan 2020 4,381 SF
1269 Tunl, Asheville, NC 28805-5100 $1,450,000 Nov 2019 6,978 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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