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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Breweries
102 Black Mtn Ave Black Mountain, NC 28711-3403
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-4811988
Property profile
Verified
Property type
Breweries
Use group
DISTILLERY, BREWERY, BOTTLING
Year built
1900
Construction
BRICK
Total area
1,795 SF
Lot
0.07 ac (3,049 SF)
Zoning code
DEED DATE: 2022-09-21 DEE
APN
0619-35-2205-00000
UPID
US53-4811988
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
$645k
Owner & transaction history
Lo & Behold Stitchery LLC · 3 yrs held
Lo & Behold Stitchery LLC
since 2022
Last sale
$678,000
4 recorded transactions
Zoning & alternative use
DEED DATE: 2022-09-21 DEE · Black Mountain, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$405,000
+40.9%
Commercial (general)
$400,000
+39.4%
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
$570,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$405,000
Change: +41% · Conversion: Difficult
COMMERCIAL (GENERAL)
$400,000
Change: +39% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $678k (Sep 21 2022)
Last sale anchor
$678k
Sep 21 2022
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
$359 / 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
$1,421
Tax year 2024
Assessed value
$169,500
Assessed 2024
Previous assessed
$169,500
+0.0% YoY
Effective rate
0.84%
On assessed value
Land market value
$30,500
Improvement market value
$139,000
Total market value
$169,500
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
Breweries
Use group
DISTILLERY, BREWERY, BOTTLING
Status
Off-Market
Year built
1900
Construction
BRICK
Heating
NONE
Stories
1
Total area
1,795 SF
Lot
0.07 ac (3,049 SF)
Zoning code
DEED DATE: 2022-09-21 DEE
APN
0619-35-2205-00000
UPID
US53-4811988
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE: 2022-09-21 DEE · Black Mountain, NC
Zoning DEED DATE: 2022-09-21 DEE · permitted uses
DEED DATE: 2022-09-21 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
MEDICAL BUILDING
Est. value
$405,000
COMMERCIAL (GENERAL)
Est. value
$400,000
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1900
Construction
BRICK
Heating
NONE
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Lo & Behold Stitchery LLC
Entity
Mailing address
104 RICHARDSON BLVD UNIT #55, BLACK MOUNTAIN, NC 28711-3557
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2022
$678,000
Lo & Behold Stitchery LLC
Jose L Bello
Warranty Deed
$598,000 · First Citizens Bank & Trust Co
Dec 1, 2017
$161,000
Jose L Bello
Providential Properties LLC
Warranty Deed
$161,144 · Providential Properties LLC
Jun 3, 2016
$200,000
Providential Properties LLC
Stephen A Parrish
Warranty Deed
$100,000 · Stephen A Parrish
Feb 12, 2015
$75,000
Stephen A Parrish
Williams Mountain Props INC
Warranty Deed
$50,000 · Williams Mountain Props INC
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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