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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Office buildings
101 Ww St, Black Mountain, NC 28711-3166
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0582874
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
BRICK
Total area
3,460 SF
Lot
0.3 ac (13,068 SF)
Zoning code
DEED DATE: 2023-04-14 DEE
APN
0619-36-1799-00000
UPID
US53-0582874
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
Current use
Occupant on record · Public records
-
Healing Grove Wellness - Black Mountain Alternative Medicine Practice
-
Wellspring Direct Primary Care Medical Clinic
-
Wes Hite, DO, FAAFP Pediatrician Physician
-
Great American Consulting Business Management Consultant
-
Creative Health-Black Mountain Health
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$596k
Blend (final)
Blend
$595k
Owner & transaction history
Born And Bred LLC · 3 yrs held
Born And Bred LLC
since 2023
Last sale
$595,000
5 recorded transactions
Zoning & alternative use
DEED DATE: 2023-04-14 DEE · Black Mountain, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$780,000
+21.4%
Commercial (general)
$775,000
+20.1%
Retail stores
$700,000
+9.2%
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 Black Mountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Black Mountain 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
Method
Estimation
Statistic approach
$490,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$645,000
Current use
MEDICAL BUILDING
$780,000
Change: +21% · Conversion: Easy
COMMERCIAL (GENERAL)
$775,000
Change: +20% · Conversion: Easy
RETAIL STORES
$700,000
Change: +9% · Conversion: Moderate
AUTO REPAIR, GARAGE
$655,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$595,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $595k (Apr 14 2023)
Last sale anchor
$595k
Apr 14 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$172 / SF
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
$3,954
Tax year 2024
Assessed value
$471,500
Assessed 2024
Previous assessed
$377,200
+25.0% YoY
Effective rate
0.84%
On assessed value
Land market value
$130,700
Improvement market value
$340,800
Total market value
$471,500
Applied tax rate
25.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Construction
BRICK
Heating
NONE
Cooling
YES
Stories
2
Total area
3,460 SF
Lot
0.3 ac (13,068 SF)
Zoning code
DEED DATE: 2023-04-14 DEE
APN
0619-36-1799-00000
UPID
US53-0582874
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE: 2023-04-14 DEE · Black Mountain, NC
Zoning DEED DATE: 2023-04-14 DEE · permitted uses
DEED DATE: 2023-04-14 DEE · Black Mountain, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Black Mountain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$645,000
MEDICAL BUILDING
Est. value
$780,000
COMMERCIAL (GENERAL)
Est. value
$775,000
RETAIL STORES
Est. value
$700,000
AUTO REPAIR, GARAGE
Est. value
$655,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$595,000
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
Born And Bred LLC
Entity
Mailing address
64 WALKERTOWN RD, BLACK MOUNTAIN, NC 28711-8771
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2024
—
Born And Bred LLC
—
Deed
related
$623,900 · First Citizens Bank & Trust Co
Apr 14, 2023
$595,000
Born And Bred LLC
Symmetry Properties LLC
Special Warranty Deed
$446,250 · Symmetry Properties LLC
May 20, 2019
—
Beacon Brothers LLC
Swannanoa Vly Prop LLC
Quit Claim Deed
related
—
Mar 3, 2017
$385,000
Symmetry Properties LLC
Johnny Earl Tressler II
Warranty Deed
$308,000 · First Citizens Bank & Trust Co
Jan 31, 2013
$320,000
Johnny E Tressler II
Redmond,darrell B & Beth L
Warranty Deed
$305,000 · Darrell B & Beth L Redmond
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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