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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Individual retail properties
110 Climbing Rose Ln Etowah, NC 28729
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US53-0910570
Property profile
Verified
Property type
Individual retail properties
Use group
DRY CLEANER
Year built
1985
Total area
4,536 SF
Lot
1.28 ac (55,757 SF)
Zoning code
802874~R1
APN
9529531726
UPID
US53-0910570
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
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$388k
Blend (final)
Blend
$635k
Owner & transaction history
Jp2 Holdings LLC
Jp2 Holdings LLC
since 2025
Last sale
$865,000
4 recorded transactions
Zoning & alternative use
802874~R1 · Etowah, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$930,000
+333.4%
Office building
$615,000
+187.9%
Auto repair, garage
$440,000
+106.2%
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 Etowah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Etowah 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
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$930,000
Change: +333% · Conversion: Difficult
OFFICE BUILDING
$615,000
Change: +188% · Conversion: Difficult
AUTO REPAIR, GARAGE
$440,000
Change: +106% · Conversion: Difficult
RETAIL STORES
$430,000
Change: +100% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $865k (Jul 9 2025)
Last sale anchor
$865k
Jul 9 2025
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
$140 / 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
$1,042,200
Assessed 2024
Previous assessed
$1,042,200
+0.0% YoY
Assessed land
$76,800
Assessed improvement
$965,400
Land market value
$76,800
Improvement market value
$965,400
Total market value
$1,042,200
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
Individual retail properties
Use group
DRY CLEANER
Status
Off-Market
Year built
1985
Heating
YES
Cooling
WINDOW A/C
Buildings
3
Stories
2
Total area
4,536 SF
Lot
1.28 ac (55,757 SF)
Zoning code
802874~R1
APN
9529531726
UPID
US53-0910570
Jurisdiction
HENDERSON
Zoning & alternative use
802874~R1 · Etowah, NC
Zoning 802874~R1 · permitted uses
802874~R1 · Etowah, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Etowah. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$930,000
OFFICE BUILDING
Est. value
$615,000
AUTO REPAIR, GARAGE
Est. value
$440,000
RETAIL STORES
Est. value
$430,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1985
Heating
YES
Cooling
Yes
Stories
2
Buildings
3
Lot
1.28 ac
Current owner
From public records · entity-resolved
Jp2 Holdings LLC
Entity
Mailing address
1310 PATTON AVEA, ASHEVILLE, NC 28806-2604
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Oct 9, 2025
$865,000
Jp2 Holdings LLC
Wnc Resort Properties LLC
Special Warranty Deed
$1,191,065 · United FCU
Apr 27, 2020
—
Wnc Resort Properties LLC
—
Deed Of Trust
related
$1,879,408 · United Cmnty Bk
Dec 19, 2014
$1,966,500
Wnc Resort Properties LLC
Etowah Sports LLC
Trustees Deed
$1,750,000 · United Cmnty Bk
Mar 28, 2013
$2,202,500
Etowah Sports LLC
Etowah Valley Country Club INC
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.
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