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Property profile & analytics
OFF-MARKET
Estimated value
$1,650,000
Office Spaces
102 Resort Ln, Lake Lure, NC 28746-9031
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0629775
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1984
Total area
1,343 SF
Lot
5.43 ac (236,531 SF)
Zoning code
CG
APN
1623032
UPID
US53-0629775
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
-
The Hatchling Coffee House by Grey Hawk Cafe & Coffee Shop
-
Dwell Realty Group at Lake Lure Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.65M
Owner & transaction history
Willowbrook Flats LLC · 1 yrs held
Willowbrook Flats LLC
since 2024
Last sale
$1.7M
2 recorded transactions
Zoning & alternative use
CG · Lake Lure, 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 Lake Lure submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Lure 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
$1,650,000
ML approach
$1,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.65M
Range $1.49M – $1.82M · ±10% · vs last sale $1.65M (Sep 19 2024)
Last sale anchor
$1.65M
Sep 19 2024
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
$1,229 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,097
Tax year 2023
Assessed value
$781,900
Assessed 2024
Previous assessed
$781,900
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$377,200
Assessed improvement
$404,700
Land market value
$377,200
Improvement market value
$404,700
Total market value
$781,900
Applied tax rate
2.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1984
Heating
HEAT PUMP
Cooling
AC.FAN COOLING
Buildings
3
Stories
1
Bathrooms
10
Total area
1,343 SF
Lot
5.43 ac (236,531 SF)
Zoning code
CG
APN
1623032
UPID
US53-0629775
Jurisdiction
RUTHERFORD
Zoning & alternative use
CG · Lake Lure, NC
Zoning CG · permitted uses
CG · Lake Lure, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Lure. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
10
Lot
5.43 ac
Current owner
From public records · entity-resolved
Willowbrook Flats LLC
Entity
Mailing address
103 RESORT LN UNIT #9, LAKE LURE, NC 28746-9061
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2024
$1,650,000
Willowbrook Flats LLC
Lake Lure Properties LLC
Warranty Deed
$1,450,000 · Lake Lure Properties LLC
Jan 9, 2023
$800,000
Lake Lure Properties LLC
Willowbrook Properties LLC
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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