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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Car washes
149 Old Charlotte Hwy Asheville, NC 28803
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1075110
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
2004
Construction
CONCRETE BLOCKS
Total area
1,620 SF
Lot
0.67 ac (29,185 SF)
Zoning code
DEED DATE: 2023-07-19 DEE
APN
9667-73-0898-00000
UPID
US53-1075110
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$586k
Blend (final)
Blend
$570k
Owner & transaction history
Compounding Freedom LLC · 2 yrs held
Compounding Freedom LLC
since 2023
Last sale
$550,000
3 recorded transactions
Zoning & alternative use
DEED DATE: 2023-07-19 DEE · Asheville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$425,000
+2.2%
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 Asheville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Asheville 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
$460,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$415,000
Current use
COMMERCIAL (GENERAL)
$425,000
Change: +2% · Conversion: Moderate
MEDICAL BUILDING
$365,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $550k (Jul 19 2023)
Last sale anchor
$550k
Jul 19 2023
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
$352 / 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
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$2,473
Tax year 2024
Assessed value
$392,500
Assessed 2024
Previous assessed
$392,500
+0.0% YoY
Effective rate
0.63%
On assessed value
Land market value
$239,300
Improvement market value
$153,200
Total market value
$392,500
Applied tax rate
13.0000
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
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
2004
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Total area
1,620 SF
Lot
0.67 ac (29,185 SF)
Zoning code
DEED DATE: 2023-07-19 DEE
APN
9667-73-0898-00000
UPID
US53-1075110
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE: 2023-07-19 DEE · Asheville, NC
Zoning DEED DATE: 2023-07-19 DEE · permitted uses
DEED DATE: 2023-07-19 DEE · Asheville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Asheville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$415,000
COMMERCIAL (GENERAL)
Est. value
$425,000
MEDICAL BUILDING
Est. value
$365,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
2004
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
Compounding Freedom LLC
Entity
Free & Clear · 2 yrs held
Mailing address
119 STONECREST DR, ASHEVILLE, NC 28803-8514
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2023
$550,000
Compounding Freedom LLC
She Can LLC
Special Warranty Deed
—
—
—
She-can LLC
—
Deed Of Trust
related
$543,000 · First Tennessee Bank National
—
—
She-can
—
Deed Of Trust
related
$550,000 · Rbc Centura Bk
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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