Entity Owned Property summary
AI-generated overview
The property is an approximately 2,510-square-foot building located in Biltmore Village with visibility from Lodge Street and Hendersonville Road. The building was fully renovated and restored in 2025 and is configured for retail use, with layout characteristics that also support professional office use. Interior features include large front windows, original pressed tin ceilings, modern fixtures and finishes, two restrooms, a break room, multiple storage areas, and a small office space with natural light. Parking is provided with one space at the rear of the building, with additional public parking nearby.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1931
Construction
FRAME
Total area
2,540 SF
Lot
0.06 ac (2,614 SF)
Zoning code
DEED DATE:01/05/2017 DEED
APN
9648-60-4279-00000
UPID
US53-4665721
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
-
Department Store Grocery & Convenience Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.00M
Owner & transaction history
since 2021
Last sale
$1.3M
5 recorded transactions
Zoning & alternative use
DEED DATE:01/05/2017 DEED · Asheville, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.00M
Value range
$900k – $1.10M
±10% around blend
Estimated value / SF
$394 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
30
$900k
blend $1.00M
$1.10M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,540 SF
Lot area
0.06 ac
Year built
1931
Stories
1
APN
9648-60-4279-00000
Zoning
DEED DATE:01/05/2017 DEED
Assessed value
$630,000
Annual tax
$5,839
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$3.22M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
17.3 mi away · 3,120 SF
18.6 mi away · 3,180 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.00M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 28 sales
$201
+96%
County 41 sales
$203
+94%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $394/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.32M
Move the market yield to see immediate price impact.
Value / SF
$522
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$83k
$1.67M
$1.19M
$928k
$93k
$1.86M
$1.32M
$1.03M
$102k
$2.04M
$1.46M
$1.13M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$2.00M
12.3 mi · Dec 2025 · $631/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,839
Tax year 2024
Assessed value
$630,000
Assessed 2024
Previous assessed
$630,000
+0.0% YoY
Effective rate
0.93%
On assessed value
Land market value
$152,900
Improvement market value
$477,100
Total market value
$630,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1931
Construction
FRAME
Heating
NONE
Stories
1
Total area
2,540 SF
Lot
0.06 ac (2,614 SF)
Zoning code
DEED DATE:01/05/2017 DEED
APN
9648-60-4279-00000
UPID
US53-4665721
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE:01/05/2017 DEED · Asheville, NCZoning DEED DATE:01/05/2017 DEED · permitted uses
DEED DATE:01/05/2017 DEED · Asheville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1931
Construction
FRAME
Heating
NONE
Stories
1
Lot
0.06 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
DEED DATE:01/05/2017 DEED
Jurisdiction
Asheville, NC
Recorded code
DEED DATE:01/05/2017 DEED
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DEED DATE:01/05/2017 DEED in Asheville, NC.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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