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Property profile & analytics
OFF-MARKET
Retail space
3451 Us Hwy 321st S, Blowing Rock, NC 28605-9103
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0131155
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1972
Total area
1,550 SF
Lot
0.2 ac (8,886 SF)
Zoning code
E2B3
APN
2819-85-6151-000
UPID
US53-0131155
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
Jeff R Stanley · 5 yrs held
Jeff R Stanley
since 2020
6 recorded transactions
Zoning & alternative use
E2B3 · Blowing Rock, 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 Blowing Rock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blowing Rock 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
Property tax & assessments
Assessed value
$359,980
Assessed 2023
Previous assessed
$359,980
+0.0% YoY
Assessed land
$24,400
Assessed improvement
$335,580
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1972
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
1,550 SF
Lot
0.2 ac (8,886 SF)
Zoning code
E2B3
APN
2819-85-6151-000
UPID
US53-0131155
Jurisdiction
WATAUGA
Zoning & alternative use
E2B3 · Blowing Rock, NC
Zoning E2B3 · permitted uses
E2B3 · Blowing Rock, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blowing Rock. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Jeff R Stanley
Individual
Free & Clear · 5 yrs held
Mailing address
72 PNE RDG DR, LAKE PLACID, FL 33852-8972
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
—
Jeff R Stanley
Jrs Property Management LLC
Warranty Deed
related
—
Dec 23, 2008
$200,000
Af Bank
Reeves Jimmy D
Trustees Deed
related
—
Jun 12, 2007
—
Kuso INC
Tellekamp,karl J & Zulfiya K
Warranty Deed
related
—
Aug 25, 2005
—
Karl J Tellekamp
—
Trustees Deed
related
$25,500 · Af Bank
—
—
Kuso INC
—
Deed Of Trust
related
$290,000 · Af Bank
—
—
Jrs Property Management LLC
—
Deed Of Trust
related
$81,084 · Jeff Stanley
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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