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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Office buildings
285 Allen St, Hendersonville, NC 28792-5031
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-3477980
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Total area
7,824 SF
Lot
0.25 ac (10,890 SF)
Zoning code
114709~C-1SU
APN
9568877059
UPID
US53-3477980
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 Justice Law Firm PA Law Firm Child Welfare Organization
-
Carr, Blackwell & Associates, P.C. Law Firm
-
Blackwell Jason G Law Firm
-
EUGENE M. CARR, III Law Firm
-
Mcdonald Jones Cheryl Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$449k
Blend (final)
Blend
$515k
Owner & transaction history
Henderson County · 1 yrs held
Henderson County
since 2024
Last sale
$495,500
7 recorded transactions
Zoning & alternative use
114709~C-1SU · 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
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
$515k
Range $464k – $567k · ±10% · vs last sale $496k (May 6 2024)
Last sale anchor
$496k
May 6 2024
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
$66 / 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
$100
Assessed 2024
Previous assessed
$100
+0.0% YoY
Assessed land
$100
Land market value
$100
Total market value
$100
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
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2004
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Total area
7,824 SF
Lot
0.25 ac (10,890 SF)
Zoning code
114709~C-1SU
APN
9568877059
UPID
US53-3477980
Jurisdiction
HENDERSON
Zoning & alternative use
114709~C-1SU · Hendersonville, NC
Zoning 114709~C-1SU · permitted uses
114709~C-1SU · 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
2004
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Henderson County
Entity
Mailing address
1 PO BOX 608TH SQ STE #5, HENDERSONVILLE, NC 28793-0608
Ownership since
2024
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 6, 2024
$2,477,500
Henderson County
Barrister Properties
Warranty Deed
—
Nov 8, 2023
—
Barrister Properties
—
Deed
related
$1,550,000 · First Citizens Bank & Trust Co
Oct 18, 2018
$315,000
Barrister Properties
Gasperson-justic,kimberly
Warranty Deed
—
Oct 18, 2018
—
Barrister Properties
—
Deed
related
$360,000 · First Citizens Bk
Aug 1, 2017
—
Properities Barrister
—
Deed
related
$960,000 · First Citizens Bk
Jun 10, 2005
—
Barrister Properties
Owner Name Unavailable
Grant Deed
—
—
—
Properities Barrister
—
Deed Of Trust
related
$960,000 · First Citizens Bk
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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