Entity Owned Property summary
AI-generated overview
The property consists of two parcels identified as PIN 9569-60-1341 and PIN 9569-60-1454, totaling 0.89 acres, and is located in Hendersonville, North Carolina. It is subject to city zoning and is within a medical district, with a Special Use permit that allows construction of up to a 10,000-square-foot, two-story medical building. The site is suitable for office or medical use and is positioned within walking distance of Pardee Hospital.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1952
Total area
1,496 SF
Lot
0.52 ac (22,651 SF)
Zoning code
103901~MIC
APN
9569601341
UPID
US53-2058244
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$405k
Owner & transaction history
since 2020
Last sale
$315,000
2 recorded transactions
Zoning & alternative use
103901~MIC · Hendersonville, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$405k
Value range
$365k – $446k
±10% around blend
Estimated value / SF
$271 / SF
Confidence
High
7 county-verified comps
Property data
88
Comparable evidence
70
$365k
blend $405k
$446k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,496 SF
Lot area
0.52 ac
Year built
1952
Stories
1
APN
9569601341
Zoning
103901~MIC
Assessed value
$317,100
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$393k
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
15.3 mi away · 1,522 SF
16.5 mi away · 1,526 SF
17.9 mi away · 1,900 SF
19.5 mi away · 1,128 SF
19.5 mi away · 1,100 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$405k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$315k
Move the market yield to see immediate price impact.
Value / SF
$211
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$20k
$397k
$284k
$221k
$22k
$441k
$315k
$245k
$24k
$485k
$346k
$270k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$85k
14.6 mi · Dec 2025 · $75/SF
Property tax & assessments
Property tax & assessments
Assessed value
$317,100
Assessed 2024
Previous assessed
$317,100
+0.0% YoY
Assessed land
$317,100
Land market value
$317,100
Total market value
$317,100
Applied tax rate
10.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1952
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
1,496 SF
Lot
0.52 ac (22,651 SF)
Zoning code
103901~MIC
APN
9569601341
UPID
US53-2058244
Jurisdiction
HENDERSON
Zoning & alternative use
103901~MIC · Hendersonville, NCZoning 103901~MIC · permitted uses
103901~MIC · Hendersonville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1952
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.52 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
103901~MIC
Jurisdiction
Hendersonville, NC
Recorded code
103901~MIC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 103901~MIC in Hendersonville, NC.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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