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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Commercial real estate
230 Toxaway Dr, Lake Toxaway, NC 28747
Entity Owned
2-yr Hold
Absentee Owner
Property ID
US53-3276058
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2004
Total area
4,093 SF
Lot
5.11 ac (222,592 SF)
APN
8512-57-4778-000
UPID
US53-3276058
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$790k
Comparable Approach
Comparable
$985k
Blend (final)
Blend
$730k
Owner & transaction history
Moketes Vista LLC · 2 yrs held
Moketes Vista LLC
since 2023
7 recorded transactions
Zoning & alternative use
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 Lake Toxaway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Toxaway 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%
$855,000
6.5%
$790,000
7%
$735,000
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$178 / 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
$9,552
Tax year 2024
Assessed value
$1,451,010
Assessed 2024
Previous assessed
$1,451,010
+0.0% YoY
Effective rate
0.66%
On assessed value
Assessed land
$325,000
Assessed improvement
$1,126,010
Land market value
$325,000
Improvement market value
$1,126,010
Total market value
$1,451,010
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Bathrooms
5
Total area
4,093 SF
Lot
5.11 ac (222,592 SF)
APN
8512-57-4778-000
UPID
US53-3276058
Jurisdiction
TRANSYLVANIA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2004
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Bathrooms
5
Lot
5.11 ac
Current owner
From public records · entity-resolved
Moketes Vista LLC
Entity
Mailing address
2408 LYNCHBURG RD, CHARLOTTESVILLE, VA 22903
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2023
—
Moketes Vista LLC
Richard V Dean
Warranty Deed
—
May 7, 2021
$1,850,000
Richard V Dean
Phillip D Smith
Warranty Deed
$1,480,000 · Homestar Financial Corp
Sep 8, 2014
—
Smith,phillip D
Smith,phillip D
Quit Claim Deed
related
$922,700 · Wells Fargo Bk
Nov 20, 2009
$1,800,000
Phillip D Smith
Twb Mountain Properties LLC
Warranty Deed
$1,170,000 · Ing Bank Fsb
Jul 5, 2007
—
Twb Mountain Properties LLC
Brock,thomas W & Debbi L
Quit Claim Deed
related
—
Oct 13, 2006
$1,500,000
Thomas W Brock
Preserve Partners Of North Carolina
Warranty Deed
—
May 12, 2006
—
Preserve Partners Of Nc LLC
Big Spring Partners LLC
Warranty 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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