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Property profile & analytics
OFF-MARKET
Estimated value
$3,910,000
Banks
301 Main St, Hendersonville, NC 28792-5303
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1927183
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1992
Total area
16,540 SF
Lot
2.09 ac (91,040 SF)
Zoning code
9948077~C-1
APN
9568769397
UPID
US53-1927183
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
-
Wells Fargo ATM Atm
-
Wells Fargo Bank Bank Loan Service
-
Wells Fargo Home Mortgage Loan Service Bank
-
Wells Fargo Advisors Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.91M
Owner & transaction history
Community Foundation Of Henderson C · 1 yrs held
Community Foundation Of Henderson C
since 2025
Last sale
$4.9M
3 recorded transactions
Zoning & alternative use
9948077~C-1 · Hendersonville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.8M
+61.8%
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
$3,785,000
ML approach
$3,770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,800,000
Change: +62% · Conversion: Difficult
Blend value · Realmo final
$3.91M
Range $3.52M – $4.30M · ±10% · vs last sale $4.85M (Jan 27 2025)
Last sale anchor
$4.85M
Jan 27 2025
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
$236 / 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
$5,614,600
Assessed 2024
Previous assessed
$5,614,600
+0.0% YoY
Assessed land
$2,276,000
Assessed improvement
$3,338,600
Land market value
$2,276,000
Improvement market value
$3,338,600
Total market value
$5,614,600
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1992
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Total area
16,540 SF
Lot
2.09 ac (91,040 SF)
Zoning code
9948077~C-1
APN
9568769397
UPID
US53-1927183
Jurisdiction
HENDERSON
Zoning & alternative use
9948077~C-1 · Hendersonville, NC
Zoning 9948077~C-1 · permitted uses
9948077~C-1 · 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
COMMERCIAL (GENERAL)
Est. value
$2.8M
COMMERCIAL (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
1992
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
2.09 ac
Current owner
From public records · entity-resolved
Community Foundation Of Henderson C
Individual
Free & Clear · 1 yrs held
Mailing address
163 PUNCHEON CP CRK RD, HENDERSONVILLE, NC 28792-8738
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2025
$4,850,000
Community Foundation Of Henderson C
Boyd Hyder
Deed
related
—
Nov 4, 2004
$1,558,500
First States Investors 3300 Ll
Owner Name Unavailable
Grant Deed
related
—
—
—
Boyd L Hyder
—
Deed Of Trust
related
$700,000 · Carolina First Bank
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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