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Property profile & analytics
OFF-MARKET
Retail space
178 Main St, Waynesville, NC 28786-3810
Individually Owned
Free & Clear
Property ID
US53-0733365
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1918
Total area
1,580 SF
Lot
0.06 ac (2,614 SF)
Zoning code
CBD
APN
8615-37-6842
UPID
US53-0733365
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
-
Cook's Carpet And Flooring Carpet & Flooring Store Hardware & Home Improvement
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
Ashley George Papazahariou
Ashley George Papazahariou
since 2025
6 recorded transactions
Zoning & alternative use
CBD · 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
$310,600
Assessed 2023
Previous assessed
$310,600
+0.0% YoY
Assessed land
$57,500
Assessed improvement
$253,100
Land market value
$57,500
Improvement market value
$253,100
Total market value
$310,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1918
Heating
HEAT PUMP
Cooling
PARTIAL
Stories
1
Total area
1,580 SF
Lot
0.06 ac (2,614 SF)
Zoning code
CBD
APN
8615-37-6842
UPID
US53-0733365
Jurisdiction
HAYWOOD
Zoning & alternative use
CBD · Waynesville, NC
Zoning CBD · permitted uses
CBD · 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
1918
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Ashley George Papazahariou
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 66, WAYNESVILLE, NC 28786-0066
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2025
—
Ashley George Papazahariou
Lynn Sylvester
Deed
—
Oct 24, 2017
—
Gonatos,antonia G Pt Trust
Gonatos,antonia G
Quit Claim Deed
related
—
Sep 24, 2012
—
George Bill C Living Trust
George,bill C & Cherry P
Quit Claim Deed
related
—
Sep 16, 2010
—
Cloverhill Trust
Cure,jorge & Holly
Warranty Deed
—
Jul 20, 2010
$690,000
Jorge Cure
George,paul
Warranty Deed
related
$659,895 · Bill & Cheri A George
Jun 23, 2010
$75,354
Paul C George
Martin Stephen J
Trustees 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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