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Property profile & analytics
OFF-MARKET
Office buildings
1136 Shawneehaw Ave, Banner Elk, NC 28604-5910
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-2934356
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2022
Construction
CONCRETE BLOCKS
Total area
8,225 SF
Lot
1.51 ac (65,776 SF)
Zoning code
CZ
APN
18581046372400000
UPID
US53-2934356
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
-
Mountain Leisure Hot Tubs (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
-
Day Watson Physical Therapy & Associates Medical Clinic
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
Eggers Family Properties LLC · 1 yrs held
Eggers Family Properties LLC
since 2024
Last sale
$163,000
1 recorded transaction
Zoning & alternative use
CZ · Banner Elk, 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 Banner Elk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Banner Elk 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
$2,904
Tax year 2023
Assessed value
$726,000
Assessed 2023
Previous assessed
$726,000
+0.0% YoY
Effective rate
0.40%
On assessed value
Assessed land
$177,600
Assessed improvement
$548,400
Land market value
$177,600
Improvement market value
$548,400
Total market value
$726,000
Applied tax rate
2.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2022
Construction
CONCRETE BLOCKS
Heating
HEAT PUMP
Cooling
CENTRAL
Total area
8,225 SF
Lot
1.51 ac (65,776 SF)
Zoning code
CZ
APN
18581046372400000
UPID
US53-2934356
Jurisdiction
AVERY
Zoning & alternative use
CZ · Banner Elk, NC
Zoning CZ · permitted uses
CZ · Banner Elk, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Banner Elk. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2022
Construction
CONCRETE BLOCKS
Heating
HEAT PUMP
Cooling
Yes
Lot
1.51 ac
Current owner
From public records · entity-resolved
Eggers Family Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 696, BANNER ELK, NC 28604-0696
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2024
$163,000
Eggers Family Properties LLC
M & M Construction Of Banner Elk In
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.
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