Property profile

124 Underwood Rd Fletcher, NC 28732

OFF-MARKET
Auto shops
Property ID
US53-1043073
5,940 SF 0.9 ac lot Built 2008
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2008
Total area 5,940 SF
Lot 0.9 ac (39,204 SF)
Zoning code 701380~C-2
APN 9643826719
UPID US53-1043073

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

124 Underwood Rd Fletcher, NC 28732-8634
Fletcher metro Census 930600 ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
by Request
Comparable Approach Comparable
$608k
Blend (final) Blend
$1.01M

Owner & transaction history

since 2023
Last sale
$930,000
3 recorded transactions
2023
$930,000
2005
$200,000
1969
Price N/A

Zoning & alternative use

701380~C-2 · Fletcher, NC
Top alternative use upside
Office building $1.1M +44.0%
Retail stores $1.0M +26.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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