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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Retail space
126 Blue Rdg Rd East Flat Rock, NC 28726-2413
Individually Owned
2-yr Hold
Free & Clear
Property ID
US53-1191147
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1923
Total area
5,000 SF
Lot
0.25 ac (10,890 SF)
Zoning code
108117~LC
APN
9577838709
UPID
US53-1191147
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
-
Bentree Studios Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$477k
Blend (final)
Blend
$550k
Owner & transaction history
Kristyn Nicole Cuevas · 2 yrs held
Kristyn Nicole Cuevas
since 2024
Last sale
$550,000
6 recorded transactions
Zoning & alternative use
108117~LC · East Flat Rock, 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 East Flat Rock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Flat Rock 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
$550,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$840,000
Current use
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $550k (May 9 2024)
Last sale anchor
$550k
May 9 2024
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
$110 / 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
$256,900
Assessed 2024
Previous assessed
$256,900
+0.0% YoY
Assessed land
$45,200
Assessed improvement
$211,700
Land market value
$45,200
Improvement market value
$211,700
Total market value
$256,900
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1923
Heating
NONE
Cooling
NONE
Stories
1
Total area
5,000 SF
Lot
0.25 ac (10,890 SF)
Zoning code
108117~LC
APN
9577838709
UPID
US53-1191147
Jurisdiction
HENDERSON
Zoning & alternative use
108117~LC · East Flat Rock, NC
Zoning 108117~LC · permitted uses
108117~LC · East Flat Rock, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Flat Rock. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$840,000
RETAIL STORES Current
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
1923
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Kristyn Nicole Cuevas
Individual
Free & Clear · 2 yrs held
Mailing address
126 W BLUE RDG RD, EAST FLAT ROCK, NC 28726-2413
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2024
$550,000
Kristyn Nicole Cuevas
Eclat Properties LLC
Warranty Deed
—
Oct 13, 2020
—
Kc Global Ents INC
Martha K Darity
Warranty Deed
related
—
Dec 30, 2019
$260,000
Eclat Properties LLC
Bentree Studios LLC
Warranty Deed
—
Mar 6, 2018
—
Fred Mcmullen
—
Deed
related
$159,839 · Joseph Mcmullen
Dec 28, 2012
$137,000
Bentree Studios LLC
Reese,merle K & Anthony E
Warranty Deed
—
—
—
Fred Mcmullen
—
Deed Of Trust
related
$159,839 · Joseph Mcmullen
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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