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Property profile & analytics
OFF-MARKET
Office Spaces
11 Chestnut Sq, Cashiers, NC 28717
Entity Owned
14-yr Hold
Free & Clear
Property ID
US53-3252245
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1981
Total area
1,312 SF
Lot
0.33 ac (14,375 SF)
Zoning code
CCV CASHIERS COMM VILLAGE
APN
7572-41-3724
UPID
US53-3252245
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
-
Builders FirstSource Big Box & Wholesale Store Building Supply
-
David Bond Sales Hardware & Home Improvement Interior Design
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
Rlr1 LLC · 14 yrs held
Rlr1 LLC
since 2012
4 recorded transactions
Zoning & alternative use
CCV CASHIERS COMM VILLAGE · Cashiers, 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 Cashiers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cashiers 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,523
Tax year 2023
Assessed value
$400,680
Assessed 2023
Previous assessed
$400,680
+0.0% YoY
Effective rate
0.38%
On assessed value
Assessed land
$227,330
Assessed improvement
$173,350
Applied tax rate
4.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1981
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
1,312 SF
Lot
0.33 ac (14,375 SF)
Zoning code
CCV CASHIERS COMM VILLAGE
APN
7572-41-3724
UPID
US53-3252245
Jurisdiction
JACKSON
Zoning & alternative use
CCV CASHIERS COMM VILLAGE · Cashiers, NC
Zoning CCV CASHIERS COMM VILLAGE · permitted uses
CCV CASHIERS COMM VILLAGE · Cashiers, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cashiers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Rlr1 LLC
Entity
Free & Clear · 14 yrs held
Mailing address
600 GILLIAM RD, WILMINGTON, OH 45177-9089
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2012
$1,875,000
Rlr1 LLC
Nc Rentals LLC
Grant Deed
—
Jun 23, 2009
—
Nc Rentals LLC
—
Deed Of Trust
related
$11,776,650 · Macon Bank & Trust Co
Jan 7, 2009
$540,000
Nc Rentals LLC
Vc Good Life LLC
Grant Deed
—
Oct 12, 2007
$540,000
Goodlife LLC
Eversole & Mccurley LLC
Warranty Deed
—
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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