Property profile

227 State St Black Mountain, NC 28711

OFF-MARKET
Turn key restaurants
Property ID
US53-5169375
3,252 SF 0.2 ac lot Built 1940
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,252 SF
Lot 0.2 ac (8,712 SF)
Zoning code DEED DATE: 05/17/2007 DEE
APN 0619-25-9579-00000
UPID US53-5169375

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

227 State St Black Mountain, NC 28711-3408
Black Mountain metro Census 3103 ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$583k
Blend (final) Blend
$305k

Owner & transaction history

since 2025
Last sale
$600,000
4 recorded transactions
2025
$600,000
2024
Price N/A
2007
$380,000
2003
$260,000

Zoning & alternative use

DEED DATE: 05/17/2007 DEE · Black Mountain, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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