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Property profile & analytics
OFF-MARKET
Strip malls
150 Bleachery Blvd Asheville, NC 28805-8209
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1166920
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Construction
BRICK
Total area
24,064 SF
Lot
3.72 ac (162,043 SF)
Zoning code
DEED DATE: 09/28/2015 DEE
APN
9658-52-8830-00000
UPID
US53-1166920
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
-
Banfield Pet Hospital Veterinary Clinic
-
PetSmart (Bike/Boat/Book/etc) Store Pet Store & Service
-
TagWorks (Bike/Boat/Book/etc) Store Pet Store & Service
-
Earley Rachelle DVM Veterinary Clinic
-
Dr. Alexis Wangen Veterinary 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
Rcg Asheville Pm LLC · 1 yrs held
Rcg Asheville Pm LLC
since 2025
Last sale
$21.7M
4 recorded transactions
Zoning & alternative use
DEED DATE: 09/28/2015 DEE · Asheville, NC
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
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 2024Property tax & assessments
Tax year 2024
Tax billed
$33,619
Tax year 2024
Assessed value
$3,627,000
Assessed 2024
Previous assessed
$3,627,000
+0.0% YoY
Effective rate
0.93%
On assessed value
Land market value
$2,025,500
Improvement market value
$1,601,500
Total market value
$3,627,000
Applied tax rate
7.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2004
Construction
BRICK
Heating
NONE
Cooling
YES
Stories
1
Total area
24,064 SF
Lot
3.72 ac (162,043 SF)
Zoning code
DEED DATE: 09/28/2015 DEE
APN
9658-52-8830-00000
UPID
US53-1166920
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE: 09/28/2015 DEE · Asheville, NCZoning DEED DATE: 09/28/2015 DEE · permitted uses
DEED DATE: 09/28/2015 DEE · Asheville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter 7 DEVELOPMENT
Building & site characteristics
From public records
Year built
2004
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
1
Lot
3.72 ac
Current owner
From public records · entity-resolved
Rcg Asheville Pm LLC
Entity
Free & Clear · 1 yrs held
Mailing address
23425 COMMERCE PARK STE #103, CLEVELAND, OH 44122-5848
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2025
$21,723,500
Rcg Asheville Pm LLC
Arc Rbashnc001 LLC
Special Warranty Deed
—
Sep 28, 2015
$24,000,000
Arc Rbashnc001 LLC
Rma Asheville LLC
Grant Deed
—
Sep 30, 2005
—
Riverbend 1 LLC
Horne Dev-river Bend LLC
Quit Claim Deed
related
$19,500,000 · Column Fin'l
Sep 30, 2005
$25,660,000
Riverbend 1 LLC
Horne Dev-river Bend LLC
Grant Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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