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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Breweries
23 Merrimon Ave Weaverville, NC 28787-9412
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1775448
Property profile
Verified
Property type
Breweries
Use group
DISTILLERY, BREWERY, BOTTLING
Year built
1950
Construction
CONCRETE BLOCKS
Total area
5,528 SF
Lot
0.78 ac (33,977 SF)
Zoning code
DEED DATE: 09/11/2009 DEE
APN
9742-26-3795-00000
UPID
US53-1775448
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
-
Honey & the Hive Department Store
-
Plants for Wildlife Garden Center Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$525k
Blend (final)
Blend
$525k
Owner & transaction history
Rr Wilson Properties INC · 16 yrs held
Rr Wilson Properties INC
since 2009
1 recorded transaction
Zoning & alternative use
DEED DATE: 09/11/2009 DEE · Weaverville, NC
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 Weaverville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weaverville 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
$525k
Range $473k – $578k · ±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
$95 / 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
$3,042
Tax year 2024
Assessed value
$350,600
Assessed 2024
Previous assessed
$350,600
+0.0% YoY
Effective rate
0.87%
On assessed value
Land market value
$117,000
Improvement market value
$233,600
Total market value
$350,600
Applied tax rate
22.0000
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
Breweries
Use group
DISTILLERY, BREWERY, BOTTLING
Status
Off-Market
Year built
1950
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Total area
5,528 SF
Lot
0.78 ac (33,977 SF)
Zoning code
DEED DATE: 09/11/2009 DEE
APN
9742-26-3795-00000
UPID
US53-1775448
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE: 09/11/2009 DEE · Weaverville, NCZoning DEED DATE: 09/11/2009 DEE · permitted uses
DEED DATE: 09/11/2009 DEE · Weaverville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1950
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Rr Wilson Properties INC
Entity
Free & Clear · 16 yrs held
Mailing address
106 SOUTHBRIDGE CT, JAMESTOWN, NC 27282-9595
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2009
—
Rr Wilson Properties INC
Graves,deborah L Wilson
Grant Deed
related
—
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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