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Property profile & analytics
OFF-MARKET
Turn key restaurants
18 Sardis Rd, Asheville, NC 28806-8536
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2499019
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1994
Construction
WOOD FRAME
Total area
1,534 SF
Lot
0.09 ac (3,920 SF)
Zoning code
DEED DATE: 2022-10-20 DEE
APN
9626-66-4191-00000
UPID
US53-2499019
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
-
Padthai Asheville Restaurant
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
Pad Thai LLC · 3 yrs held
Pad Thai LLC
since 2022
Last sale
$400,000
5 recorded transactions
Zoning & alternative use
DEED DATE: 2022-10-20 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
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
$974
Tax year 2024
Assessed value
$152,700
Assessed 2024
Previous assessed
$152,700
+0.0% YoY
Effective rate
0.64%
On assessed value
Land market value
$28,400
Improvement market value
$124,300
Total market value
$152,700
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1994
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
2
Total area
1,534 SF
Lot
0.09 ac (3,920 SF)
Zoning code
DEED DATE: 2022-10-20 DEE
APN
9626-66-4191-00000
UPID
US53-2499019
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE: 2022-10-20 DEE · Asheville, NC
Zoning DEED DATE: 2022-10-20 DEE · permitted uses
DEED DATE: 2022-10-20 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
1994
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Pad Thai LLC
Entity
Mailing address
120 DEMKO LN APT #217, ASHEVILLE, NC 28806-3383
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2022
$400,000
Pad Thai LLC
Thai Real Estate LLC
Warranty Deed
$320,000 · United FCU
Mar 12, 2019
—
Ratchaneeporn M Countie
—
Deed
related
$127,500 · Entegra Bk
Feb 25, 2014
—
Thai Real Estate LLC
Countie,ratchaneeporn
Warranty Deed
—
Nov 6, 2013
$80,000
Ratchanteeporn Countie
First Troy Spe LLC
Special Warranty Deed
$127,500 · Old Town Bank
—
—
Ratchaneeporn M Countie
—
Loan Modification
related
$127,500 · Entegra Bk
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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