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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Office buildings
4 Main St, Burnsville, NC 28714-2939
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2590148
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1922
Construction
WOOD FRAME
Total area
6,146 SF
Lot
0.05 ac (2,178 SF)
Zoning code
C-1
APN
082010258022.000
UPID
US53-2590148
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
-
Yancey County Sheriff Sheriff'S Department
-
Teresa B. Brown - Digs Home & Design Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$536k
Blend (final)
Blend
$580k
Owner & transaction history
Jeff Edwards · 2 yrs held
Jeff Edwards
since 2023
Last sale
$595,000
6 recorded transactions
Zoning & alternative use
C-1 · Burnsville, 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 Burnsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burnsville 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
$580,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $595k (Jul 10 2023)
Last sale anchor
$595k
Jul 10 2023
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
$94 / 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
$3,019
Tax year 2024
Assessed value
$580,500
Assessed 2024
Previous assessed
$200,640
+189.3% YoY
Effective rate
0.52%
On assessed value
Assessed land
$81,800
Assessed improvement
$498,700
Applied tax rate
12.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1922
Construction
WOOD FRAME
Heating
NONE
Cooling
WINDOW A/C
Stories
3
Total area
6,146 SF
Lot
0.05 ac (2,178 SF)
Zoning code
C-1
APN
082010258022.000
UPID
US53-2590148
Jurisdiction
YANCEY
Zoning & alternative use
C-1 · Burnsville, NC
Zoning C-1 · permitted uses
C-1 · Burnsville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burnsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1922
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
3
Lot
0.05 ac
Current owner
From public records · entity-resolved
Jeff Edwards
Individual
Mailing address
384 DOAN TOWN RD, BURNSVILLE, NC 28714-5976
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2023
$595,000
Jeff Edwards
Dig Properties LLC
Warranty Deed
$535,500 · State Employees Cu
Jun 2, 2023
$500,000
Larry Lewis
Dig Properties LLC
Warranty Deed
—
Sep 2, 2022
$462,000
David Alan Leibowitz
Dig Properties LLC
Warranty Deed
$200,000 · United Community Bank
Apr 14, 2022
$285,000
Jeff Edwards
Dig Properties LLC
Warranty Deed
—
Jun 15, 2020
—
Dig Properties LLC
—
Deed
related
$300,000 · Larry Lewis
—
—
Dig Properties LLC
—
Deed Of Trust
related
$300,000 · Larry Lewis
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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