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Property profile & analytics
OFF-MARKET
Estimated value
$1,340,000
Super regional malls
2111 Asheville Hwy Hendersonville, NC 28791-2131
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-2580244
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1986
Total area
47,556 SF
Lot
4.44 ac (193,406 SF)
Zoning code
1015689~C-3
APN
9569365739
UPID
US53-2580244
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
-
Family Dollar Discount Store
-
GioLLC (Bike/Boat/Book/etc) Store Arcade & Gaming Center
-
CosmoProf (Bike/Boat/Book/etc) Store Cosmetic Store
-
Iglesia Pentecostal Church Church
-
Feta Flav Greek Taverna Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$825k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.85M
Blend (final)
Blend
$1.34M
Owner & transaction history
Family Dollar Stores Of Nc INC · 3 yrs held
Family Dollar Stores Of Nc INC
since 2022
6 recorded transactions
Zoning & alternative use
1015689~C-3 · Hendersonville, 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 Hendersonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hendersonville 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
$825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.34M
Range $1.21M – $1.47M · ±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
$28 / 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
Property tax & assessments
Assessed value
$3,752,100
Assessed 2024
Previous assessed
$3,752,100
+0.0% YoY
Assessed land
$1,353,800
Assessed improvement
$2,398,300
Land market value
$1,353,800
Improvement market value
$2,398,300
Total market value
$3,752,100
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1986
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
47,556 SF
Lot
4.44 ac (193,406 SF)
Zoning code
1015689~C-3
APN
9569365739
UPID
US53-2580244
Jurisdiction
HENDERSON
Zoning & alternative use
1015689~C-3 · Hendersonville, NC
Zoning 1015689~C-3 · permitted uses
1015689~C-3 · Hendersonville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hendersonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
4.44 ac
Current owner
From public records · entity-resolved
Family Dollar Stores Of Nc INC
Entity
Mailing address
2566 SHALLOWFORD RD NE STE 104STE104, ATLANTA, GA 30345-1249
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2022
—
Family Dollar Stores Of Nc INC
Brc Hendersonville LLC
Lease
—
Oct 23, 2018
—
Brc Hendersonville LLC
—
Deed
related
$3,000,000 · Servisfirst Bk
Feb 5, 2013
—
Roger L Gagnon
Brc Hendersonville LLC
Grant Deed
related
—
Jan 9, 2008
$2,300,000
Brc Hendersonville LLC
Irt Partners
Grant Deed
$1,900,000 · Branch Bk&tr
Jan 9, 2008
—
Brc Hendersonville LLC
Irt Partners
Grant Deed
—
—
—
Brc Hendersonville LLC
—
Deed Of Trust
related
$3,000,000 · Servisfirst 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.
Try Rey
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