169 Main St Rosman, NC 28772-5000
Property profile & analytics
169 Main St Rosman, NC 28772-5000
- Commercial real estate
- 4,000 SF
- 0.40 lot acres
Property ID
US53-3428750
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Kid City USA Rosman / Daycare Center
Property Details for 169 Main St
- Year built
- 1987
- Lot size
- 0.40 lot acres
- Property size
- 4,000 SF
- Property type
- Commercial real estate
- APN
- 8552-79-2278-000
- APU
- 8552792278000
Description
Exceptional investment opportunity: a 4,000 square foot daycare center in Rosman, NC, at 169 Main Street, 28772. This property boasts a 15-year absolute NNN lease commencing February 1, 2024, and expiring January 31, 2039, with 14.2 years remaining. The lease includes 10% rent bumps every five years and three five-year renewal options. The tenant, Kid City USA, has a strong corporate guarantee, ensuring a secure investment. The property, built in 1987 and renovated in 2000, sits on a 0.4-acre lot and currently enjoys 100% occupancy, generating a Net Operating Income (NOI) of $102,000 and a 7.25% cap rate. The asking price is $1,406,896, translating to $351.72 per square foot. This is the only daycare within a 10-mile radius, serving three elementary schools. The location offers convenient access to Asheville Regional Airport (AVL) (40-minute drive) and Greenville-Spartanburg International Airport (GSP) (1.5-hour drive). Rosman's location in Transylvania County, 2.5 hours west of Charlotte, benefits from North Carolina's favorable business climate, including the lowest corporate income tax rate in the US, and a diverse economy driven by manufacturing, pharmaceuticals, and tourism. This presents a compelling opportunity for a stable, long-term investment with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $625,000
- ML approach
- $740,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $835,000
- 6.5%
- $775,000
- 7%
- $715,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $445,000
Market price range: $368k - $1.34M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Rosman
- County
- Transylvania
- State
- North Carolina
- Longitude
- -82.8235
- Latitude
- 35.1439
- CBSA code
- 14820
- CBSA name
- BREVARD, NC MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,899
$100,000
$248,680
$348,680
-
$100,000
$248,680
$348,680
