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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Assisted living facilities
190 Hospital Dr, Highlands, NC 28741-7600
Individually Owned
7-yr Hold
Free & Clear
Property ID
US53-1107005
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1992
Total area
77,465 SF
Lot
39.98 ac (1,741,529 SF)
Zoning code
EX
APN
7541727640
UPID
US53-1107005
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
-
Highlands-Cashiers Hospital : Emergency Room Hospital
-
Mission Workwell - Highlands Medical Clinic
-
Highlands-Cashiers Hospital Hospital
-
Mission Health Center Highlands Medical Clinic
-
Asheville Cardiology Associates - Highlands Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.12M
Owner & transaction history
Mh Highlands Cashiers Medical Cente · 7 yrs held
Mh Highlands Cashiers Medical Cente
since 2019
2 recorded transactions
Zoning & alternative use
EX · Highlands, 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 Highlands submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Highlands 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
by Request
ML approach
$1,115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±10%
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
$14 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$30,301
Tax year 2023
Assessed value
$10,952,860
Assessed 2023
Previous assessed
$8,475,520
+29.2% YoY
Effective rate
0.28%
On assessed value
Assessed land
$2,248,880
Assessed improvement
$8,703,980
Land market value
$2,248,880
Improvement market value
$8,703,980
Total market value
$10,952,860
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1992
Heating
HEAT PUMP
Stories
1
Total area
77,465 SF
Lot
39.98 ac (1,741,529 SF)
Zoning code
EX
APN
7541727640
UPID
US53-1107005
Jurisdiction
MACON
Zoning & alternative use
EX · Highlands, NC
Zoning EX · permitted uses
EX · Highlands, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Highlands. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Heating
HEAT PUMP
Stories
1
Lot
39.98 ac
Current owner
From public records · entity-resolved
Mh Highlands Cashiers Medical Cente
Individual
Free & Clear · 7 yrs held
Mailing address
1 PARK PLZ, NASHVILLE, TN 37203-6527
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2019
$131,300
Mh Highlands Cashiers Medical Cente
Highlands Cashiers Hospital INC
Warranty Deed
—
Feb 1, 2019
—
Mh Highlands Cashiers Medical Cente
Highlands Cashiers Hospital INC
Warranty Deed
—
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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