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    Property profile & analytics

    946 Tunl Rd Asheville, NC 28805-2025

    • Office buildings
    • 8,015 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    $895,000
    Last Sale
    Feb 18, 2020
    $930,000
    Location Intelligence
    Property ID
    US53-2090706
    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

    • asheville holistic physical therapy / Physical Therapist
    • Early James H MD / Family Practice Physician
    • Still Point Wellness Float and Massage Spa / Spa / Day Spa

    Property Details for 946 Tunl Rd

    Year built
    1960
    Construction
    FRAME
    Lot size
    0.62 lot acres
    Property size
    8,015 SF
    Zone code
    DEED DATE:02/18/2020 DEED
    Property type
    Office buildings
    APN
    9658-97-4603-00000
    APU
    965897460300000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $870,000

    • CAP approach

      CAP return
      Estimation
      6%
      $895,000
      6.5%
      $825,000
      7%
      $870,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,015,000
      Geo Method
      $985,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $980,000
      Retail
      $990,000
      Mixed-Use
      $795,000
      Hospitality
      $905,000
      Educational
      $940,000
      Residential Income
      $950,000
      Energy
      $965,000
      Income-Based Land
      $820,000
      Food Service
      $985,000

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5008
    Latitude
    35.5891
    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
    $8,564
    $0.00
    $0.00
    $923,900
    -
    $330,800
    $593,100
    $923,900

    Comparable in this City

    • Value Estimation by Request
      15,408 SF

      1000 Centrepark Dr

      OFFICE BUILDING • 15,408 SF
      1000 Centrepark Dr, Asheville, NC 28805-1265
      View Details
    • Value Estimation by Request
      16,480 SF

      800 Centrepark Dr

      OFFICE BUILDING • 16,480 SF
      800 Centrepark Dr, Asheville, NC 28805-1277
      View Details
    • Value Estimation by Request
      4,002 SF

      600 Centre Park Dr, Unit A

      OFFICE BUILDING • 4,002 SF
      600 Centre Park Dr, Asheville, NC 28805-1276
      View Details
    • Value Estimation by Request
      3,252 SF

      579 Tunl Rd

      OFFICE BUILDING • 3,252 SF
      579 Tunl Rd, Asheville, NC 28805-1941
      View Details
    • Value Estimation by Request
      3,104 SF

      1070 Tunl Rd, Unit 3

      OFFICE BUILDING • 3,104 SF
      1070 Tunl Rd, Asheville, NC 28805-2014
      View Details
    • Value Estimation by Request
      2,000 SF

      1005 Tunl Rd

      OFFICE BUILDING • 2,000 SF
      1005 Tunl Rd, Asheville, NC 28805-2013
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      973,371 SF

      Asheville Food Court Opportunity

      Prime Asheville retail space, multiple units available.
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    • Contact for pricing

      Commercial Land Near Downtown Asheville

      Commercial land for rent, 10 minutes from Downtown Asheville.
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    • Contact for pricing
      8,989 SF

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      Signalized corner location with excellent visibility and access.
      90 S Tunnel Rd, Asheville, NC 28805
      View Details
    • Contact for pricing
      6,808 SF

      Asheville Warehouse with Dock Doors

      6,808 SF warehouse with 18 dock high doors.
      56 Truckers Pl, Asheville, NC 28805
      View Details
    • $775,000

      Prime Commercial Land on US-70

      Flat, accessible 0.72 acre site on US-70 for lease.
      1480 Tunnel Rd, Asheville, NC 28805
      View Details
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    Asheville, NC 28805-2025
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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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