New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,565,000
Industrial properties
150 Westside Dr, Asheville, NC 28806-2847
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0625870
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Construction
STEEL FRAME
Total area
141,082 SF
Lot
19.07 ac (830,689 SF)
Zoning code
DEED DATE: 08/23/2011 DEE
APN
9629-92-8625-00000
UPID
US53-0625870
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
-
King Bio-Westside Alternative Medicine Practice
-
Old World Imports Big Box & Wholesale Store
-
Industry Nine Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.57M
Owner & transaction history
150 Westside LLC · 4 yrs held
150 Westside LLC
since 2021
Last sale
$7.2M
6 recorded transactions
Zoning & alternative use
DEED DATE: 08/23/2011 DEE · Asheville, 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 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
$5,390,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.57M
Range $5.91M – $7.22M · ±10% · vs last sale $7.15M (Sep 23 2021)
Last sale anchor
$7.15M
Sep 23 2021
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
$47 / 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
$46,413
Tax year 2024
Assessed value
$5,007,300
Assessed 2024
Previous assessed
$5,007,300
+0.0% YoY
Effective rate
0.93%
On assessed value
Land market value
$2,076,700
Improvement market value
$2,930,600
Total market value
$5,007,300
Applied tax rate
6.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
NONE
Stories
2
Total area
141,082 SF
Lot
19.07 ac (830,689 SF)
Zoning code
DEED DATE: 08/23/2011 DEE
APN
9629-92-8625-00000
UPID
US53-0625870
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE: 08/23/2011 DEE · Asheville, NC
Zoning DEED DATE: 08/23/2011 DEE · permitted uses
DEED DATE: 08/23/2011 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.
Building & site characteristics
From public records
Year built
1986
Construction
STEEL FRAME
Heating
NONE
Stories
2
Lot
19.07 ac
Current owner
From public records · entity-resolved
150 Westside LLC
Entity
Mailing address
21 OLD COUNTY HOME RD, ASHEVILLE, NC 28806-9713
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jun 25, 2025
—
150 Westside LLC
—
Deed
related
$1,500,000 · First Horizon Bank
Sep 23, 2021
$7,150,000
150 Westside LLC
King Holding I LLC
Warranty Deed
$6,435,000 · First Horizon Bank
Jul 30, 2021
—
King Holdings I LLC
—
Deed
related
$199,721 · Cornerstone Real Estate Consultants INC
Aug 31, 2017
—
King Holding I LLC
—
Deed
related
$13,579,000 · United FCU
Aug 23, 2011
$1,500,000
King Holdings I LLC
Philips Products INC
Special Warranty Deed
$1,200,000 · First Citizens Bank & Trust Co
Nov 12, 2010
—
Philips Products INC
—
Deed Of Trust
related
$4,900,000 · Tomkins Industries INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 150 Westside Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
