Property profile

400 State St Black Mountain, NC 28711

OFF-MARKET
Turn key restaurants
Property ID
US53-1114253
4,200 SF 0.5 ac lot Built 1961
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1961
Construction CONCRETE BLOCKS
Total area 4,200 SF
Lot 0.5 ac (21,780 SF)
Zoning code DEED DATE: 01/26/2000 DEE
APN 0619-46-4928-00000
UPID US53-1114253

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Location

400 State St Black Mountain, NC 28711-3520
Black Mountain metro Census 3105 ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$800k
CAP Approach CAP
by Request
Comparable Approach Comparable
$708k
Blend (final) Blend
$800k

Owner & transaction history

since 2024
Last sale
$800,000
1 recorded transaction
2024
$800,000

Zoning & alternative use

DEED DATE: 01/26/2000 DEE · Black Mountain, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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