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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Office buildings
2305 Asheville Hwy, Hendersonville, NC 28791-1500
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-1925825
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Total area
2,946 SF
Lot
0.32 ac (13,939 SF)
Zoning code
108636~C-3
APN
9569379616
UPID
US53-1925825
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
$685k
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$515k
Blend (final)
Blend
$690k
Owner & transaction history
Amor Fati Realty LLC · 2 yrs held
Amor Fati Realty LLC
since 2023
Last sale
$670,000
3 recorded transactions
Zoning & alternative use
108636~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
$725,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$845,000
7%
$785,000
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $670k (Oct 3 2023)
Last sale anchor
$670k
Oct 3 2023
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
$234 / 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
$370,400
Assessed 2024
Previous assessed
$386,000
-4.0% YoY
Assessed land
$125,500
Assessed improvement
$244,900
Land market value
$125,500
Improvement market value
$244,900
Total market value
$370,400
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
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
2,946 SF
Lot
0.32 ac (13,939 SF)
Zoning code
108636~C-3
APN
9569379616
UPID
US53-1925825
Jurisdiction
HENDERSON
Zoning & alternative use
108636~C-3 · Hendersonville, NC
Zoning 108636~C-3 · permitted uses
108636~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
1981
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Amor Fati Realty LLC
Entity
Mailing address
458 BRUSH CRK RD, FAIRVIEW, NC 28730-9790
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2023
$670,000
Amor Fati Realty LLC
Richard Leroy Milholm
Warranty Deed
$569,500 · Fifth Third Bank NA
Dec 28, 2020
—
Rechard L Milholm
Joseph B Milholm
Quit Claim Deed
related
—
Feb 27, 2006
—
Milholm,richard L Trust
Owner Name Unavailable
Grant Deed
—
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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