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Property profile & analytics
OFF-MARKET
Estimated value
$6,280,000
Turn key restaurants
366 Walmart Plz, Sylva, NC 28779-3251
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2039366
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2000
Total area
10,270 SF
Lot
1.84 ac (80,150 SF)
Zoning code
B3 BUSINESS DISTRICT
APN
7641-72-4840
UPID
US53-2039366
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
-
Tobacco & Vape (Bike/Boat/Book/etc) Store
-
Jackson tobacco (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
Kobe In Sylva Restaurant
-
Great Clips Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.28M
Owner & transaction history
Gandhi At Sylva Commons Nc LLC · 3 yrs held
Gandhi At Sylva Commons Nc LLC
since 2023
7 recorded transactions
Zoning & alternative use
B3 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
Method
Estimation
Statistic approach
$6,240,000
ML approach
$6,320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.28M
Range $5.65M – $6.91M · ±10%
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
$611 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$10,692
Tax year 2023
Assessed value
$2,813,610
Assessed 2023
Previous assessed
$2,813,610
+0.0% YoY
Effective rate
0.38%
On assessed value
Assessed land
$1,104,000
Assessed improvement
$1,709,610
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
2000
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
10,270 SF
Lot
1.84 ac (80,150 SF)
Zoning code
B3 BUSINESS DISTRICT
APN
7641-72-4840
UPID
US53-2039366
Jurisdiction
JACKSON
Zoning & alternative use
B3 BUSINESS DISTRICT · Sylva, NC
Zoning B3 BUSINESS DISTRICT · permitted uses
B3 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
2000
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.84 ac
Current owner
From public records · entity-resolved
Gandhi At Sylva Commons Nc LLC
Entity
Mailing address
9201 LEESVILLE RD STE #201, RALEIGH, NC 27613-7540
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2023
$6,500,000
Gandhi At Sylva Commons Nc LLC
Syulva Commons Lllp
Special Warranty Deed
$3,360,000 · Sylva Commons Lllp
Dec 13, 2019
$1,475,000
Sylva Commons Lllp
Mdc Nc1 LP
Grant Deed
—
Dec 27, 2018
—
Mdc Nc1 LP
Realty Income Corp
Warranty Deed
—
Dec 4, 2006
$2,217,500
Realty Income Corp
Ryans Restaurant Group INC
Grant Deed
—
Dec 4, 2006
—
Fire Mountain Restaurants LLC
—
Deed Of Trust
related
$2,100,000 · Credit Suisse
—
—
Fire Mountain Restaurants LLC
—
Deed Of Trust
related
$117,500 · Credit Suisse Cayman Islands
—
—
Fire Mountain Restaurants LLC
—
Deed Of Trust
related
$117,500 · Credit Suisse Cayman Islands
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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