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Property profile & analytics
OFF-MARKET
Commercial land
306 Rockwood Rd Arden, NC 28704-8514
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US53-0114874
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1992
Total area
1,960 SF
Lot
0.51 ac (22,216 SF)
Zoning code
DEED DATE:10/02/2015 DEED
APN
9643-75-2375-00000
UPID
US53-0114874
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Avl Holdings LLC · 10 yrs held
Avl Holdings LLC
since 2015
7 recorded transactions
Zoning & alternative use
DEED DATE:10/02/2015 DEED · Arden, 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 Arden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arden 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,969
Tax year 2024
Assessed value
$319,900
Assessed 2024
Previous assessed
$319,900
+0.0% YoY
Effective rate
0.62%
On assessed value
Land market value
$319,900
Total market value
$319,900
Applied tax rate
19.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1992
Heating
YES
Stories
1
Total area
1,960 SF
Lot
0.51 ac (22,216 SF)
Zoning code
DEED DATE:10/02/2015 DEED
APN
9643-75-2375-00000
UPID
US53-0114874
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE:10/02/2015 DEED · Arden, NC
Zoning DEED DATE:10/02/2015 DEED · permitted uses
DEED DATE:10/02/2015 DEED · Arden, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Heating
YES
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Avl Holdings LLC
Entity
Mailing address
PO BOX 759, FLETCHER, NC 28732-0759
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2015
$400,000
Avl Holdings LLC
Save A Child LLC
Warranty Deed
$200,000 · Private Individual
Dec 13, 2013
—
Save A Child LLC
W & K Hotels LLC
Warranty Deed
—
Mar 30, 2007
$500,000
W&k Hotels LLC
Hankins Properties LLC
Grant Deed
—
Oct 20, 2006
—
Lena Amalia Papakonstantinou
Poulos,phillip
Grant Deed
—
Jul 19, 2006
—
Phillip Poulos
Poulos,phillip
Quit Claim Deed
related
—
Jun 20, 2006
$1,275,000
Lena Amalia Papakonstantinou
Hankins Properties LLC
Warranty Deed
$275,000 · Wachovia Bank NA
Apr 12, 2006
$408,000
Hankins Properties LLC
Chaplin,julia
Grant Deed
$304,875 · Carolina First Bank
Dec 22, 2005
—
Chaplin,julia
Copney,mkeka B
Warranty Deed
related
—
Jun 30, 2005
—
Copney,mkeka B
Chaplin,julia
Warranty Deed
related
—
—
—
Save A Child LLC
—
Deed Of Trust
related
$6,188,500 · Jillanna E Hulsing
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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