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Property profile & analytics
FOR SALE
Commercial real estate
450 Rosman Hwy Brevard, NC 28712
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-3154781
For Sale
1 / 10
$600,000
450 Rosman Hwy, Brevard, NC 28712
View Listing →
Property summary
AI-generated overview
This exceptional 5.5-acre commercial property presents a unique investment opportunity in Brevard, NC. Strategically located approximately one mile from Brevard's Main Street on US Highway 64, this parcel boasts high visibility and accessibility. The property comprises two parcels: a 1.39-acre lot with 115 feet of frontage on the four-lane highway, zoned Neighborhood Mixed Use
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1959
Lot
1.39 ac (60,548 SF)
Zoning code
C4
APN
8585-27-0087-000
UPID
US53-3154781
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Matthew Pressley · 5 yrs held
Matthew Pressley
since 2021
Last sale
$75,000
1 recorded transaction
Zoning & alternative use
C4 · Brevard, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Brevard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brevard submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$798
Tax year 2024
Assessed value
$129,910
Assessed 2024
Previous assessed
$129,910
+0.0% YoY
Effective rate
0.61%
On assessed value
Assessed land
$120,000
Assessed improvement
$9,910
Land market value
$120,000
Improvement market value
$9,910
Total market value
$129,910
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1959
Heating
BASEBOARD
Cooling
NONE
Lot
1.39 ac (60,548 SF)
Zoning code
C4
APN
8585-27-0087-000
UPID
US53-3154781
Jurisdiction
TRANSYLVANIA
Zoning & alternative use
C4 · Brevard, NC
Zoning C4 · permitted uses
C4 · Brevard, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brevard. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Heating
BASEBOARD
Cooling
Yes
Lot
1.39 ac
Current owner
From public records · entity-resolved
Matthew Pressley
Individual
Free & Clear · 5 yrs held
Mailing address
157 GOOD NEIGHBOR DR, BREVARD, NC 28712-9621
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2021
$75,000
Matthew Pressley
Beulah D Raxter
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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