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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Auto shops
200 Melody Cir Swannanoa, NC 28778-2210
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0103074
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,178 SF
Lot
1.42 ac (61,855 SF)
Zoning code
DEED DATE: 06/26/2012 DEE
APN
9689-30-1039-00000
UPID
US53-0103074
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
-
Appalachian Paving General Contractor Construction Company
-
Appalachian Paving and Concrete, Inc. General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$607k
Blend (final)
Blend
$605k
Owner & transaction history
Timber View Homes LLC · 6 yrs held
Timber View Homes LLC
since 2019
7 recorded transactions
Zoning & alternative use
DEED DATE: 06/26/2012 DEE · Swannanoa, 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 Swannanoa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Swannanoa 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$84 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,065
Tax year 2024
Assessed value
$314,000
Assessed 2024
Previous assessed
$314,000
+0.0% YoY
Effective rate
0.66%
On assessed value
Land market value
$85,400
Improvement market value
$228,600
Total market value
$314,000
Applied tax rate
21.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
7,178 SF
Lot
1.42 ac (61,855 SF)
Zoning code
DEED DATE: 06/26/2012 DEE
APN
9689-30-1039-00000
UPID
US53-0103074
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE: 06/26/2012 DEE · Swannanoa, NCZoning DEED DATE: 06/26/2012 DEE · permitted uses
DEED DATE: 06/26/2012 DEE · Swannanoa, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
1.42 ac
Current owner
From public records · entity-resolved
Timber View Homes LLC
Entity
Mailing address
15 SWEET GUM HL, FLETCHER, NC 28732-5518
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2019
—
Timber View Homes LLC
Jimmy White Builders INC
Warranty Deed
related
—
Sep 28, 2018
—
Timber View Homes LLC
—
Trustees Deed
related
$30,000 · Jimmy White Builders INC
May 3, 2018
—
Haw Creek Holdings LLC
—
Deed
related
$170,000 · Branch Bk&tr
Jun 26, 2012
$195,000
Haw Creek Holdings LLC
Ross Morgan LLC
Warranty Deed
$165,750 · First Citizens Bank & Trust Co
Feb 23, 2007
$297,500
Ross Morgan LLC
Jet Construction LLC
Grant Deed
$302,000 · Carolina First Bank
—
—
Ross Morgan LLC
—
Deed Of Trust
related
$150,000 · Carolina First Bank
—
—
Haw Creek Holdings LLC
—
Deed Of Trust
related
$65,000 · Branch Bk&tr
—
—
Haw Creek Holdings LLC
—
Deed Of Trust
related
$148,000 · Branch Bk&tr
—
—
Haw Creek Holdings LLC
—
Deed Of Trust
related
$170,000 · Branch Bk&tr
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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