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Commercial property in Asheville and the mountains around it

Looking at a building, a lease or a lot in Asheville and the mountains around it? Start with the free official records, and learn the lingo. Want a hand? Text the bear at 828-590-CHAT.

Homes: sale and rentCommercial

1. How to research a commercial property

All of these are free and run by local government. Tap one to open it.

2. Commercial real estate in plain English

Comp

Short for comparable: a recent sale or lease of a similar property nearby. It is how people judge what a property is worth.

Deed vs. listing

A listing is an asking price. A recorded deed from the county shows a sale that actually closed, so a deed is better evidence of what a property sold for.

Gross lease

The landlord pays most of the property costs out of the rent. The tenant pays one number.

Net / NNN lease

The tenant pays some property costs on top of rent. NNN (triple net) means the tenant pays property taxes, insurance and maintenance in addition to base rent. Single and double net put fewer of those costs on the tenant.

Cap rate

A property's yearly net income divided by its price. A quick way to compare investment properties. It is a starting point, not a verdict.

Letter of intent (LOI)

A short document that lays out the main terms of a deal before the formal contract. Usually a starting point for negotiation, so have a lawyer or broker look it over before you sign anything.

3. What is being proposed or built nearby?

See it on a map: BuncoMap draws the parcel lines, or search any address in Google Maps to see the street, parking and what is next door.

We do not keep our own list, because it would go out of date. The county and city dashboards are the live source. Start with the Buncombe development projects page or the City of Asheville large-scale development page. In Henderson County, check the Planning Board page.

General information, not legal, tax or investment advice. Links go to official sources, last checked October 2026.

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