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Property profile & analytics
OFF-MARKET
Retail space
105 Cherry St, Black Mountain, NC 28711-3424
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1972497
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
BRICK
Total area
1,156 SF
Lot
0.02 ac (871 SF)
Zoning code
DEED DATE: 01/06/1995 DEE
APN
0619-36-2052-00000
UPID
US53-1972497
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
-
Sarah Sunshine Pottery (Bike/Boat/Book/etc) Store
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
105 Cherry Street LLC · 4 yrs held
105 Cherry Street LLC
since 2022
Last sale
$220,000
2 recorded transactions
Zoning & alternative use
DEED DATE: 01/06/1995 DEE · Black Mountain, 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 Black Mountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Black Mountain 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,169
Tax year 2024
Assessed value
$139,400
Assessed 2024
Previous assessed
$139,400
+0.0% YoY
Effective rate
0.84%
On assessed value
Land market value
$39,200
Improvement market value
$100,200
Total market value
$139,400
Applied tax rate
25.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Construction
BRICK
Heating
NONE
Cooling
YES
Stories
1
Total area
1,156 SF
Lot
0.02 ac (871 SF)
Zoning code
DEED DATE: 01/06/1995 DEE
APN
0619-36-2052-00000
UPID
US53-1972497
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE: 01/06/1995 DEE · Black Mountain, NC
Zoning DEED DATE: 01/06/1995 DEE · permitted uses
DEED DATE: 01/06/1995 DEE · Black Mountain, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Black Mountain. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
105 Cherry Street LLC
Entity
Mailing address
118 BEECH ST, BLACK MOUNTAIN, NC 28711-3052
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Apr 11, 2022
—
105 Cherry Street LLC
Roy D Buell III
Correction Deed
related
$180,000 · First Bank
Oct 15, 2021
$220,000
150 Cherry Street LLC
Roy D Buell III
Warranty Deed
$180,000 · First Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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