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Property profile & analytics
OFF-MARKET
Estimated value
$2,335,000
Bars & Pubs
312 Haywood Rd, Asheville, NC 28806-4232
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-0132452
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1960
Construction
BRICK
Total area
5,972 SF
Lot
0.31 ac (13,504 SF)
Zoning code
DEED DATE: 2021-12-17 DEE
APN
9638-64-9216-00000
UPID
US53-0132452
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
-
AyurPrana Listening Room Music Venue Bar & Pub
-
Food Distribution Center - Fruit Of Labor Worship Center Food Bank Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.37M
Blend (final)
Blend
$2.34M
Owner & transaction history
Shatayu LLC · 4 yrs held
Shatayu LLC
since 2021
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
DEED DATE: 2021-12-17 DEE · 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
$1,735,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.34M
Range $2.10M – $2.57M · ±10% · vs last sale $2.30M (Dec 17 2021)
Last sale anchor
$2.30M
Dec 17 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
$391 / 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
$17,226
Tax year 2024
Assessed value
$1,667,400
Assessed 2024
Previous assessed
$1,667,400
+0.0% YoY
Effective rate
1.03%
On assessed value
Land market value
$256,600
Improvement market value
$1,410,800
Total market value
$1,667,400
Applied tax rate
5.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1960
Construction
BRICK
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
5,972 SF
Lot
0.31 ac (13,504 SF)
Zoning code
DEED DATE: 2021-12-17 DEE
APN
9638-64-9216-00000
UPID
US53-0132452
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE: 2021-12-17 DEE · Asheville, NC
Zoning DEED DATE: 2021-12-17 DEE · permitted uses
DEED DATE: 2021-12-17 DEE · 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
1960
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Shatayu LLC
Entity
Mailing address
312 HAYWOOD RD, ASHEVILLE, NC 28806-4232
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2025
—
Ayurprana LLC
—
Deed
related
$396,500 · United States Small Business Admin
Mar 24, 2025
—
Shatayu LLC
—
Deed
related
$203,400 · United States Small Business Admin
Dec 17, 2021
$2,300,000
Shatayu LLC
Haywood 312 LLC
Special Warranty Deed
$1,400,000 · Haywood 312 LLC
Aug 15, 2017
$1,325,000
Haywood 312 LLC
The Western North Carolina Communit
Warranty Deed
$1,060,000 · Carolina Alliance Bank
Oct 25, 2007
$649,000
The Western North Carolina Communit
Fruit Of Labor Ministries
Warranty Deed
—
Feb 26, 2003
$41,000
Fruit Of Labor Ministries
Trustees Of New
Grant Deed
—
—
—
Fruit Of Labor Worship Center
—
Deed Of Trust
related
$65,000 · Central Carolina 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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