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Property profile & analytics
OFF-MARKET
Turn key restaurants
35 Main St, Sylva, NC 28779-3029
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0229940
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1971
Total area
6,020 SF
Lot
0.49 ac (21,344 SF)
Zoning code
B2 BUSINESS DISTRICT
APN
7641-47-5889
UPID
US53-0229940
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
Nhn Holdings LLC · 3 yrs held
Nhn Holdings LLC
since 2023
3 recorded transactions
Zoning & alternative use
B2 BUSINESS DISTRICT · Sylva, 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 Sylva submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sylva 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
$1,212
Tax year 2024
Assessed value
$318,820
Assessed 2024
Previous assessed
$318,820
+0.0% YoY
Effective rate
0.38%
On assessed value
Assessed land
$318,820
Applied tax rate
15.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1971
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
6,020 SF
Lot
0.49 ac (21,344 SF)
Zoning code
B2 BUSINESS DISTRICT
APN
7641-47-5889
UPID
US53-0229940
Jurisdiction
JACKSON
Zoning & alternative use
B2 BUSINESS DISTRICT · Sylva, NC
Zoning B2 BUSINESS DISTRICT · permitted uses
B2 BUSINESS DISTRICT · Sylva, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sylva. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.49 ac
Current owner
From public records · entity-resolved
Nhn Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3208 N RIV RD, SYLVA, NC 28779-6833
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
May 19, 2023
$250,000
Nhn Holdings LLC
Timothy L Hall
Special Warranty Deed
—
Jun 30, 2009
$1,046,500
Timothy L Hall
Bogart Food Sylva LLC
Warranty Deed
$1,046,180 · Bogart Food Sylva LLC
Apr 5, 2005
$650,000
Bogart Food Sylva LLC
Gl Powell Ents INC
Grant Deed
$700,000 · United Community 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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