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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Bed & breakfasts
30 Lookout Rd, Asheville, NC 28804-3238
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1626305
Property profile
Verified
Property type
Bed & breakfasts
Use group
BED & BREAKFAST
Year built
1925
Construction
WOOD FRAME
Total area
6,792 SF
Lot
1.22 ac (53,143 SF)
Zoning code
DEED DATE:02/23/2021 DEED
APN
9740-10-0343-00000
UPID
US53-1626305
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
-
BridlePath Inn Bed & Breakfast Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$635k
Comparable Approach
Comparable
$935k
Blend (final)
Blend
$730k
Owner & transaction history
Mtns To Sea LLC · 5 yrs held
Mtns To Sea LLC
since 2021
Last sale
$685,000
3 recorded transactions
Zoning & alternative use
DEED DATE:02/23/2021 DEED · Asheville, 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 Asheville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Asheville 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
$515,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$685,000
6.5%
$635,000
7%
$590,000
Blend value · Realmo final
$730k
Range $657k – $803k · ±10% · vs last sale $685k (Feb 23 2021)
Last sale anchor
$685k
Feb 23 2021
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
$107 / 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
$7,229
Tax year 2024
Assessed value
$699,700
Assessed 2024
Previous assessed
$699,700
+0.0% YoY
Effective rate
1.03%
On assessed value
Land market value
$96,300
Improvement market value
$603,400
Total market value
$699,700
Applied tax rate
9.0000
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
Bed & breakfasts
Use group
BED & BREAKFAST
Status
Off-Market
Year built
1925
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Bathrooms
7
Total area
6,792 SF
Lot
1.22 ac (53,143 SF)
Zoning code
DEED DATE:02/23/2021 DEED
APN
9740-10-0343-00000
UPID
US53-1626305
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE:02/23/2021 DEED · Asheville, NC
Zoning DEED DATE:02/23/2021 DEED · permitted uses
DEED DATE:02/23/2021 DEED · Asheville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Asheville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
7
Lot
1.22 ac
Current owner
From public records · entity-resolved
Mtns To Sea LLC
Entity
Mailing address
24 LOOKOUT RD, ASHEVILLE, NC 28804-3238
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Sep 22, 2022
—
Mtns To Sea LLC
—
Deed
related
$1,300,000 · First Citizens Bank & Trust Co
Feb 23, 2021
$685,000
Mtns To Sea LLC
Carol N Haltori
Warranty Deed
$800,000 · Mcu Financial Center Cu
—
—
Halton,frederick J III & Carol N
—
Deed Of Trust
related
$130,000 · Suntrust Bk/tallahassee
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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