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Property profile & analytics
OFF-MARKET
Turn key restaurants
1039 Soco Rd Maggie Valley, NC 28751
Trust Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0145946
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1953
Total area
2,928 SF
Lot
0.64 ac (28,009 SF)
Zoning code
MC-1
APN
7696-68-4008
UPID
US53-0145946
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
by Request
Owner & transaction history
Perrone,frank Living Trust · 16 yrs held
Perrone,frank Living Trust
since 2009
3 recorded transactions
Zoning & alternative use
MC-1 · Maggie Valley, 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 Maggie Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maggie Valley 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Assessed value
$655,600
Assessed 2023
Previous assessed
$655,600
+0.0% YoY
Assessed land
$101,300
Assessed improvement
$554,300
Land market value
$101,300
Improvement market value
$554,300
Total market value
$655,600
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1953
Heating
HEAT PUMP
Cooling
PARTIAL
Buildings
2
Stories
1
Bathrooms
8
Total area
2,928 SF
Lot
0.64 ac (28,009 SF)
Zoning code
MC-1
APN
7696-68-4008
UPID
US53-0145946
Jurisdiction
HAYWOOD
Zoning & alternative use
MC-1 · Maggie Valley, NC
Zoning MC-1 · permitted uses
MC-1 · Maggie Valley, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maggie Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
8
Lot
0.64 ac
Current owner
From public records · entity-resolved
Perrone,frank Living Trust
Trust
Free & Clear · 16 yrs held
Mailing address
2300 DIANA DR APT #201, HALLANDALE BEACH, FL 33009-4850
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2009
—
Perrone,frank Living Trust
Gays,richard A & Susan I
Quit Claim Deed
related
—
Jun 17, 2008
—
Perrone,frank Living Trust
Perrone,frank & Angela
Quit Claim Deed
related
—
Aug 22, 2005
$75,000
Frank Perrone
Hughes,gary E & Patricia A
Warranty Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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