INNOVATE Real Estate
Medical at Asheville
Medical at Asheville, photo 2 of 9
Medical at Asheville, photo 3 of 9
Medical at Asheville, photo 4 of 9
Medical at Asheville, photo 5 of 9
Medical at Asheville, photo 6 of 9
Medical at Asheville, photo 7 of 9
Medical at Asheville, photo 8 of 9
Medical at Asheville, photo 9 of 9
9 photos

$5,500,000

Asheville, NC 28803
Listed by Paul Ellis · Pulliam Properties, Inc
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1997

About this home

INVESTIMENT OPPORTUNITY. Fully leased building now for sale. CAP rate is 5.56%. Great location directly on Hendersonville Rd. Fully leased by Allergy Partners, PA. for an additional 5-years beginning in 2024.

Property details

MLS #
CAR4168333
Property type
Medical
Subdivision
N/A
Status
Active
Days on market
598
On market date
August 5, 2024
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

Get directions →
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Estes Elementary
0.95 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
704
Student:teacher ratio
13.0:1
District
Buncombe County Schools
Middle
Koontz Intermediate
1.01 mi away · Grades 5-6
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
649
Student:teacher ratio
14.8:1
District
Buncombe County Schools
High
Early College
5.87 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
278
Student:teacher ratio
25.3:1
District
Buncombe County Schools

Walkability

Blended score for Asheville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

72
Walkable
out of 100
EPA National Walkability Index
11.8 / 20 -- Above average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores7
Parks1
Schools10
Transit stops20
Pharmacies7

Market position

How this listing compares to current activity in Asheville, from live MLS data.

On the market 598 days -- 471 more days than Asheville's current average of 127 days.
For reference, the median list price across 1,243 active listings in Asheville right now is $505,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$33,272/mo
$1,100,000 down
$4,400,000 loan
Principal & interest$28,538
Property tax (est.)$4,583
Home insurance (est.)$150

Similar homes you might like

New
$5,500,000
Asheville, 28806
N/A bd·N/A ba·N/A
1 day on market
Listed by Terry Peterson, NAI Beverly-Hanks
$5,500,000
Asheville, 28801
N/A bd·N/A ba·N/A
10 days on market
Listed by Tyler Coon, EXP Realty LLC
No photo
New
$4,800,000
Asheville, 28801
N/A bd·N/A ba·N/A
0 days on market
Listed by Jay Lurie, The Real Estate Center
New
$6,289,400
Asheville, 28803
N/A bd·N/A ba·N/A
1 day on market
Listed by Mark Morris, NAI Beverly-Hanks
No photo
$5,675,000
Asheville, 28801
N/A bd·N/A ba·N/A
297 days on market
Listed by Jay Lurie, The Real Estate Center
$4,495,000
Asheville, 28801
N/A bd·N/A ba·N/A
448 days on market
Listed by Keaton Edwards, G/M Property Group

Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 25, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.