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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Super regional malls
2570 Asheville Hwy Hendersonville, NC 28791-1410
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1961176
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2010
Total area
21,135 SF
Lot
1.86 ac (81,022 SF)
Zoning code
103700~C-3SU
APN
9660402792
UPID
US53-1961176
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
-
The Town Center Shopping Center & Mall
-
Preciselee strength llc Gym & Fitness Center
-
Bonworth Clothing Store
-
Kitchens of the South Hardware & Home Improvement Kitchen & Bath Showroom
-
Alpha Fitness Center Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$910k
Owner & transaction history
Ds Investment Group LLC · 1 yrs held
Ds Investment Group LLC
since 2025
7 recorded transactions
Zoning & alternative use
103700~C-3SU · Hendersonville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.2M
+17.9%
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
by Request
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,020,000
Current use
INDUSTRIAL (GENERAL)
$1,205,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±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
$43 / 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
$2,534,500
Assessed 2024
Previous assessed
$2,534,500
+0.0% YoY
Assessed land
$567,100
Assessed improvement
$1,967,400
Land market value
$567,100
Improvement market value
$1,967,400
Total market value
$2,534,500
Applied tax rate
7.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2010
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
21,135 SF
Lot
1.86 ac (81,022 SF)
Zoning code
103700~C-3SU
APN
9660402792
UPID
US53-1961176
Jurisdiction
HENDERSON
Zoning & alternative use
103700~C-3SU · Hendersonville, NC
Zoning 103700~C-3SU · permitted uses
103700~C-3SU · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2010
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Lot
1.86 ac
Current owner
From public records · entity-resolved
Ds Investment Group LLC
Entity
Mailing address
126 3RD AVE E, HENDERSONVILLE, NC 28792-4302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Jul 21, 2025
—
Ds Investment Group LLC
United Federal Credit Union
Deed
related
—
Jul 11, 2025
—
Ds Investment Group LLC
—
Deed
related
$2,000,000 · Park National Bank
Apr 25, 2019
$1,719,500
Ds Investments Group LLC
United FCU
Grant Deed
—
Dec 16, 2011
—
City Of Hendersonville
Hoover,kevin
Warranty Deed
related
—
—
—
Hoover,w Kevin
—
Deed Of Trust
related
$500,000 · Mountain First Bk&tr
—
—
Hoover,worley K
—
Deed Of Trust
related
$400,000 · Mountain First Bk&tr
—
—
Hoover,w Kevin
—
Deed Of Trust
related
$2,000,000 · Mountain First Bk&tr
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
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