New search
Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Office buildings
38 Orch St Asheville, NC 28801-2425
Entity Owned
6-yr Hold
Absentee Owner
Property ID
US53-1191535
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2020
Construction
FRAME
Total area
2,116 SF
Lot
0.15 ac (6,534 SF)
Zoning code
DEED DATE:12/09/2019 DEED
APN
9649-52-4427-00000
UPID
US53-1191535
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
-
NeuroTransformation Center Crisis Center Medical Clinic
-
ACM Wealth Management Financial Advisor
-
Bear Hands Bodywork Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$587k
Blend (final)
Blend
$585k
Owner & transaction history
Denton Properties LLC · 6 yrs held
Denton Properties LLC
since 2019
5 recorded transactions
Zoning & alternative use
DEED DATE:12/09/2019 DEED · Asheville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$545,000
+38.7%
Auto repair, garage
$540,000
+38.4%
Medical building
$480,000
+21.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$390,000
Current use
COMMERCIAL (GENERAL)
$545,000
Change: +39% · Conversion: Easy
AUTO REPAIR, GARAGE
$540,000
Change: +38% · Conversion: Difficult
MEDICAL BUILDING
$480,000
Change: +22% · Conversion: Easy
RETAIL STORES
$400,000
Change: +1% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$365,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$276 / 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
$5,913
Tax year 2024
Assessed value
$572,400
Assessed 2024
Previous assessed
$572,400
+0.0% YoY
Effective rate
1.03%
On assessed value
Land market value
$170,800
Improvement market value
$401,600
Total market value
$572,400
Applied tax rate
2.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2020
Construction
FRAME
Heating
YES
Cooling
NONE
Stories
2
Bathrooms
2
Total area
2,116 SF
Lot
0.15 ac (6,534 SF)
Zoning code
DEED DATE:12/09/2019 DEED
APN
9649-52-4427-00000
UPID
US53-1191535
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE:12/09/2019 DEED · Asheville, NC
Zoning DEED DATE:12/09/2019 DEED · permitted uses
DEED DATE:12/09/2019 DEED · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$390,000
COMMERCIAL (GENERAL)
Est. value
$545,000
AUTO REPAIR, GARAGE
Est. value
$540,000
MEDICAL BUILDING
Est. value
$480,000
RETAIL STORES
Est. value
$400,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$365,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Denton Properties LLC
Entity
Mailing address
3 WANDERING OAKS WAY, ASHEVILLE, NC 28805-0012
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2020
—
Denton Properties LLC
—
Deed
related
$550,000 · Hometrust Bank
Dec 9, 2019
—
Denton Properties LLC
R Denton Pa Lakota
Quit Claim Deed
—
Oct 9, 2017
$170,000
Lakota R Denton
Charles P Gamble
Deed
$127,500 · Hometrust Bank
—
—
Charles P Gamble
—
Deed Of Trust
related
$141,366 · Suntrust Bank NA
—
—
Charles P Gamble
—
Deed Of Trust
related
$50,000 · Matthew Mokanyk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 38 Orch St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
