Property profile

103 State St Black Mountain, NC 28711

OFF-MARKET
Retail space
Property ID
US53-1515297
7,870 SF 0.09 ac lot Built 1928
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1928
Construction FRAME
Total area 7,870 SF
Lot 0.09 ac (3,920 SF)
Zoning code DEED DATE: 07/15/2013 DEE
APN 0619-36-2175-00000
UPID US53-1515297

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply Hardware & Home Improvement
  • Garden Center Landscaping
  • Courier Service Postal Service

Location

103 State St Black Mountain, NC 28711-3418
Black Mountain metro Census 3103 ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$850k

Owner & transaction history

since 2013
4 recorded transactions
2025
Price N/A
2021
Price N/A
2020
Price N/A
2013
$900,000

Zoning & alternative use

DEED DATE: 07/15/2013 DEE · Black Mountain, NC
Top alternative use upside
Medical building $1.8M +11.2%
Commercial (general) $1.8M +10.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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