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Property profile & analytics
FOR LEASE
Medical Office Space
1101 N Main St Waynesville, NC 28786
Individually Owned
5-yr Hold
Free & Clear
Property ID
US53-3824682
For Lease
1 / 8
$650/Mo
1101 N Main St, Waynesville, NC 28786
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1953
Total area
3,492 SF
Lot
0.43 ac (18,883 SF)
Zoning code
NM-BD
APN
8615-79-3811
UPID
US53-3824682
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
-
She by Oxana Beauty Bar Hair Salon
-
Harmony Haus Real Estate Agency
-
Essential Kneads Therapeutic Massage Alternative Medicine Practice Spa & Massage Center
-
July Architecture Architect Architecture Firm
-
Doc Tek Inc. Medical Billing Service
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
Shereen Malek · 5 yrs held
Shereen Malek
since 2021
Last sale
$200,000
4 recorded transactions
Zoning & alternative use
NM-BD · Waynesville, 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 Waynesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waynesville 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
$216,400
Assessed 2023
Previous assessed
$216,400
+0.0% YoY
Assessed land
$119,400
Assessed improvement
$97,000
Land market value
$119,400
Improvement market value
$97,000
Total market value
$216,400
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1953
Heating
HEAT PUMP
Cooling
PARTIAL
Stories
1
Total area
3,492 SF
Lot
0.43 ac (18,883 SF)
Zoning code
NM-BD
APN
8615-79-3811
UPID
US53-3824682
Jurisdiction
HAYWOOD
Zoning & alternative use
NM-BD · Waynesville, NCZoning NM-BD · permitted uses
NM-BD · Waynesville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1953
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Shereen Malek
Individual
Free & Clear · 5 yrs held
Mailing address
PO BOX 1164, WAYNESVILLE, NC 28786-1164
Ownership since
2021
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
Mar 29, 2021
$200,000
Shereen Malek
Ron Muse
Warranty Deed
—
May 28, 2019
—
Ron Muse
Davis,mary H O & William H III
Warranty Deed
—
Dec 18, 2014
—
William B Owen JR & Assocs LP
Davis,mary H O & William
Quit Claim Deed
related
—
Jul 16, 2014
$105,625
Mary H O Davis
Owen,william B JR & Sandra C
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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