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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Retail space
384 Hwy 107th S Cashiers, NC 28717
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US53-0605542
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1982
Total area
3,052 SF
Lot
0.27 ac (11,761 SF)
Zoning code
CCG CASHIERS COMM GENERAL
APN
7571-49-6850
UPID
US53-0605542
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
$581k
Blend (final)
Blend
$570k
Owner & transaction history
Laurens E Linebaugh III · 15 yrs held
Laurens E Linebaugh III
since 2010
6 recorded transactions
Zoning & alternative use
CCG CASHIERS COMM GENERAL · Cashiers, 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 Cashiers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cashiers 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
RETAIL STORES
$585,000
Current use
COMMERCIAL (GENERAL)
$550,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$187 / 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
$2,646
Tax year 2023
Assessed value
$696,370
Assessed 2023
Previous assessed
$696,370
+0.0% YoY
Effective rate
0.38%
On assessed value
Assessed land
$367,850
Assessed improvement
$328,520
Applied tax rate
4.0000
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
1982
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
3,052 SF
Lot
0.27 ac (11,761 SF)
Zoning code
CCG CASHIERS COMM GENERAL
APN
7571-49-6850
UPID
US53-0605542
Jurisdiction
JACKSON
Zoning & alternative use
CCG CASHIERS COMM GENERAL · Cashiers, NCZoning CCG CASHIERS COMM GENERAL · permitted uses
CCG CASHIERS COMM GENERAL · Cashiers, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$585,000
COMMERCIAL (GENERAL)
Est. value
$550,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
1982
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Laurens E Linebaugh III
Individual
Mailing address
PO BOX 198, CASHIERS, NC 28717-0198
Ownership since
2010
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
May 28, 2020
—
Laurens Edward Linebaugh III
—
Deed
related
$375,000 · Entegra Bank
Dec 30, 2010
$440,000
Laurens E Linebaugh III
Macon Bk
Grant Deed
$396,000 · Macon Bank & Trust Co
Dec 3, 2010
$500,000
Macon Bk
Boyd,william R JR
Trustees Deed
related
—
—
—
Laurens E Linebaugh III
—
Deed Of Trust
related
$25,000 · Macon Bank & Trust Co
—
—
Martin E Jones JR.
—
Deed Of Trust
related
$50,000 · Macon Bank & Trust Co
—
—
Martin E Jones JR.
—
Deed Of Trust
related
$650,250 · Macon Bank & Trust Co
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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