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Property profile & analytics
OFF-MARKET
Office Spaces
168 Tate St Waynesville, NC 28786-3753
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-5801720
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Total area
1,294 SF
Lot
0.24 ac (10,454 SF)
Zoning code
MS-ND
APN
8615-16-9529
UPID
US53-5801720
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
-
Valor Private Wealth, Waynesville NC Financial Advisor
-
rrminickcounseling Counselor
-
Song Law - Attorney Waynesville NC Law Firm
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
Mountaain Song Properties INC · 2 yrs held
Mountaain Song Properties INC
since 2024
7 recorded transactions
Zoning & alternative use
MS-ND · Waynesville, 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 Waynesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waynesville 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 2022Property tax & assessments
Tax year 2022
Assessed value
$396,200
Assessed 2023
Previous assessed
$396,200
+0.0% YoY
Assessed land
$66,000
Assessed improvement
$330,200
Land market value
$66,000
Improvement market value
$330,200
Total market value
$396,200
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2007
Heating
HEAT PUMP
Cooling
PARTIAL
Stories
1
Bathrooms
3
Total area
1,294 SF
Lot
0.24 ac (10,454 SF)
Zoning code
MS-ND
APN
8615-16-9529
UPID
US53-5801720
Jurisdiction
HAYWOOD
Zoning & alternative use
MS-ND · Waynesville, NC
Zoning MS-ND · permitted uses
MS-ND · Waynesville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waynesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.24 ac
Current owner
From public records · entity-resolved
Mountaain Song Properties INC
Entity
Free & Clear · 2 yrs held
Mailing address
168 TATE ST, WAYNESVILLE, NC 28786-3753
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2024
—
Mountaain Song Properties INC
Jonathan J Song
Warranty Deed
—
Feb 17, 2021
$347,500
Jonathan J Song
First Citizens Bank & Trust Company
Special Warranty Deed
$380,329 · Hometrust Bank
Dec 18, 2018
$397,062
First Citizens Bk & Trust Co
Budd David G II|anderson Financial Svcs LLC
Trustees Deed
related
—
Oct 31, 2018
$10,100
Tate Street Property LLC
Sheriff Of Haywood County|phelen,timothy F
Trustees Deed
related
—
Feb 4, 2015
—
Stephen B Anderson
Anderson Patrick M Trust
Quit Claim Deed
$444,000 · First Citizens Bank & Trust Co
Dec 5, 2014
—
Stephen B Anderson
Anderson,kelly M
Quit Claim Deed
related
—
Dec 13, 2006
$465,000
Stephen Dubose
Anderson,stephen B & Kelly M
Warranty Deed
related
$372,000 · Abn Amro Mortgage Group INC
Aug 26, 2005
$329,000
Stephen B Anderson
Weaver,james P & Mollie H
Warranty Deed
related
—
Jun 8, 2005
$235,000
James P Weaver
Walton,libby
Warranty Deed
related
$187,900 · United Community Bank
—
—
Anderson,patrick M Trust
—
Deed Of Trust
related
$100,000 · United Community Bank
—
—
Stephen B Anderson
—
Deed Of Trust
related
$150,000 · Wnc Community Cu
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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