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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Retail space
104 Main St Hendersonville, NC 28792-5065
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-1169374
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1905
Total area
5,433 SF
Lot
0.13 ac (5,663 SF)
Zoning code
102295~C-1 / MSH
APN
9568871382
UPID
US53-1169374
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
-
Fidelity National Title Title Company
-
Salon 104 Hair Salon
-
Looking Glass Realty at Hendersonville Real Estate Agency
-
Candi Guffey - Real Estate Agent @ Looking Glass Realty Real Estate Agency
-
Attorneys' Title Insurance Title Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
$731k
Blend (final)
Blend
$900k
Owner & transaction history
Stefan Simoncic · 3 yrs held
Stefan Simoncic
since 2023
3 recorded transactions
Zoning & alternative use
102295~C-1 / MSH · Hendersonville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$965,000
+20.9%
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%
$1,120,000
6.5%
$1,035,000
7%
$960,000
Alternative Use
Use
Estimation
RETAIL STORES
$795,000
Current use
OFFICE BUILDING
$965,000
Change: +21% · Conversion: Easy
AUTO REPAIR, GARAGE
$720,000
Change: -10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$670,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±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
$166 / 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
$1,439,800
Assessed 2024
Previous assessed
$1,439,800
+0.0% YoY
Assessed land
$566,200
Assessed improvement
$873,600
Land market value
$566,200
Improvement market value
$873,600
Total market value
$1,439,800
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1905
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
5,433 SF
Lot
0.13 ac (5,663 SF)
Zoning code
102295~C-1 / MSH
APN
9568871382
UPID
US53-1169374
Jurisdiction
HENDERSON
Zoning & alternative use
102295~C-1 / MSH · Hendersonville, NC
Zoning 102295~C-1 / MSH · permitted uses
102295~C-1 / MSH · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$795,000
OFFICE BUILDING
Est. value
$965,000
AUTO REPAIR, GARAGE
Est. value
$720,000
INDUSTRIAL (GENERAL)
Est. value
$670,000
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (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
1905
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Stefan Simoncic
Individual
Mailing address
208 SKYCLIFF DR, ASHEVILLE, NC 28804-8101
Ownership since
2023
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
Feb 27, 2023
—
Stefan Simoncic
Kelly Sirnoncic
Warranty Deed
—
Apr 12, 2022
—
Kelly Simoncic
Stefan Simoncic
Intrafamily Transfer
related
—
—
—
Browning Systems INC
—
Deed Of Trust
related
$250,000 · Albert S III Browning
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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