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Property profile & analytics
OFF-MARKET
Estimated value
$3,260,000
Office buildings
1032 Fleming St, Hendersonville, NC 28791-3532
Entity Owned
18-yr Hold
Free & Clear
Property ID
US53-0128753
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Total area
12,541 SF
Lot
1.56 ac (67,954 SF)
Zoning code
1008760~MIC
APN
9569605897
UPID
US53-0128753
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
-
Mountain Carolina MD Physician
-
Dr. Carl P. Stamm, MD Physician
-
Dr. Linda G. Brooks, MD Physician
-
James C. Rholl, M.D Physician
-
Dr. Andrew I. Rackoff, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.60M
Comparable Approach
Comparable
$3.21M
Blend (final)
Blend
$3.26M
Owner & transaction history
Srv Properties LLC · 18 yrs held
Srv Properties LLC
since 2007
5 recorded transactions
Zoning & alternative use
1008760~MIC · Hendersonville, 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 Hendersonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hendersonville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,900,000
6.5%
$3,600,000
7%
$3,345,000
Blend value · Realmo final
$3.26M
Range $2.93M – $3.59M · ±10%
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
$260 / 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
Property tax & assessments
Assessed value
$2,829,100
Assessed 2024
Previous assessed
$2,829,100
+0.0% YoY
Assessed land
$951,400
Assessed improvement
$1,877,700
Land market value
$951,400
Improvement market value
$1,877,700
Total market value
$2,829,100
Applied tax rate
10.0000
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
1996
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Total area
12,541 SF
Lot
1.56 ac (67,954 SF)
Zoning code
1008760~MIC
APN
9569605897
UPID
US53-0128753
Jurisdiction
HENDERSON
Zoning & alternative use
1008760~MIC · Hendersonville, NC
Zoning 1008760~MIC · permitted uses
1008760~MIC · Hendersonville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hendersonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
1.56 ac
Current owner
From public records · entity-resolved
Srv Properties LLC
Entity
Free & Clear · 18 yrs held
Mailing address
1032 FLEMING ST, HENDERSONVILLE, NC 28791-3532
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
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
Jan 28, 2026
—
Svr Properties LLC
—
Deed
related
$954,862 · First Citizens Bank & Trust Co
Jun 22, 2022
—
Svr Properties LLC
—
Deed
related
$1,275,000 · First Citizens Bank & Trust Co
Apr 12, 2019
—
Svr Properties LLC
—
Deed
related
$650,000 · First Citizens Bk
Aug 23, 2007
—
Srv Properties LLC
Not Provided
Deed
—
—
—
Svr Properties LLC
—
Deed Of Trust
related
$650,000 · First Citizens Bk
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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