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Property profile & analytics
OFF-MARKET
Retail space
224 Grv St E E Ste, Hendersonville, NC 28792-5067
Entity Owned
5-yr Hold
Property ID
US53-2433717
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1962
Total area
2,082 SF
Lot
363 ac (15,812,280 SF)
Zoning code
CMU
APN
9568960843-005
UPID
US53-2433717
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
-
Creative Development Solutions General Contractor
-
W. S. Wray, CPA, PLLC Accounting Firm
-
Root Massage Therapy Alternative Medicine Practice Spa & Massage Center
-
Dr. Valerie Levine Physician Medical Clinic
-
ElementalMed Alternative Medicine Practice
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
Bpvm Properties LLC · 5 yrs held
Bpvm Properties LLC
since 2020
Last sale
$185,000
6 recorded transactions
Zoning & alternative use
CMU · 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
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
Property tax & assessments
Assessed value
$294,600
Assessed 2024
Previous assessed
$294,600
+0.0% YoY
Assessed improvement
$294,600
Improvement market value
$294,600
Total market value
$294,600
Applied tax rate
10.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1962
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
2,082 SF
Lot
363 ac (15,812,280 SF)
Zoning code
CMU
APN
9568960843-005
UPID
US53-2433717
Jurisdiction
HENDERSON
Zoning & alternative use
CMU · Hendersonville, NC
Zoning CMU · permitted uses
CMU · 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
1962
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
363 ac
Current owner
From public records · entity-resolved
Bpvm Properties LLC
Entity
Mailing address
224 S GRV ST E STE E, HENDERSONVILLE, NC 28792-5067
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Dec 9, 2020
$185,000
Bpvm Properties LLC
Charles L Paskus
Warranty Deed
$155,000 · Paskus Charles L & Kathleen A
Apr 19, 2016
$110,000
Charles L Paskus
Entegra Bk
Grant Deed
—
Nov 10, 2015
$106,319
Entegra Bk
Raintree Realty & Const|eicholtz,kenneth & Karyl
Trustees Deed
related
—
Nov 24, 2010
—
Eicholtz Kenneth Family Trust
Eicholtz,kenneth L & Karyl K
Quit Claim Deed
related
—
Jun 6, 2008
—
Sq Prop Owners Assn Kennington
Eicholtz,kenneth L & Karyl
Quit Claim Deed
related
—
—
—
Kathleen A Paskus
—
Deed Of Trust
related
$25,000 · First 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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