Individually Owned Property summary
AI-generated overview
This commercial property is located on a 5-lane U.S. highway in Waynesville, North Carolina, providing prominent roadway visibility. The main building has log siding and contains just under 1,000 square feet of interior space. A separate insulated storage building measures 20 feet by 12 feet and includes electricity. The site also includes over 700 square feet of covered outdoor areas, including decks, porches, and patios, which can support outdoor use such as display space or seating. The property sits on a 0.485-acre parcel and includes a small branch or stream at the rear of the site. The layout and existing structures are suitable for a range of commercial uses, including retail or office, and the property is located less than one mile from Lake Junaluska with proximity to downtown Waynesville and Maggie Valley.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2009
Total area
961 SF
Lot
0.49 ac (21,127 SF)
Zoning code
DJ-AC
APN
8617-01-2340
UPID
US53-5343360
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$275k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$275k
Owner & transaction history
since 2025
Last sale
$330,000
7 recorded transactions
Zoning & alternative use
DJ-AC · Waynesville, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$275k
Value range
$248k – $303k
±10% around blend
Estimated value / SF
$286 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
40
$248k
blend $275k
$303k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
961 SF
Lot area
0.49 ac
Year built
2009
Stories
1
APN
8617-01-2340
Zoning
DJ-AC
Assessed value
$184,700
Annual tax
$988
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$297k
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.0 mi away · 864 SF
21.4 mi away · 768 SF
23.1 mi away · 1,010 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$275k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 28 sales
$158
+81%
Submarket 32 sales
$157
+83%
County 56 sales
$155
+85%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $286/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$330k
Move the market yield to see immediate price impact.
Value / SF
$343
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$21k
$416k
$297k
$231k
$23k
$462k
$330k
$257k
$25k
$508k
$363k
$282k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$350k
2.7 mi · Oct 2025 · $344/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$988
Tax year 2022
Assessed value
$184,700
Assessed 2023
Previous assessed
$184,700
+0.0% YoY
Effective rate
0.53%
On assessed value
Assessed land
$85,800
Assessed improvement
$98,900
Land market value
$85,800
Improvement market value
$98,900
Total market value
$184,700
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
2009
Heating
HEAT PUMP
Cooling
PARTIAL
Stories
1
Total area
961 SF
Lot
0.49 ac (21,127 SF)
Zoning code
DJ-AC
APN
8617-01-2340
UPID
US53-5343360
Jurisdiction
HAYWOOD
Zoning & alternative use
DJ-AC · Waynesville, NCZoning DJ-AC · permitted uses
DJ-AC · Waynesville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2009
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.49 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
DJ-AC
Jurisdiction
Waynesville, NC
Recorded code
DJ-AC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DJ-AC in Waynesville, NC.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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