Entity Owned Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1992
Total area
37,298 SF
Lot
6.22 ac (270,943 SF)
Zoning code
C4
APN
8597-45-7785-000
UPID
US53-3036301
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
-
Big Box & Wholesale Store
-
Bank Credit Union
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.99M
CAP Approach
CAP
$7.04M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.52M
Owner & transaction history
since 2021
Last sale
$6.3M
5 recorded transactions
Zoning & alternative use
C4 · Pisgah Forest, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$6.52M
Value range
$5.86M – $7.17M
±10% around blend
Estimated value / SF
$175 / SF
Confidence
Property data
88
Comparable evidence
60
$5.86M
blend $6.52M
$7.17M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
37,298 SF
Lot area
6.22 ac
Year built
1992
APN
8597-45-7785-000
Zoning
C4
Assessed value
$6,748,740
Annual tax
$40,715
3
Income approach: direct capitalization
Partial preview
Income approach indication
$7.04M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$7.63M
@ 6.5% CAP return
$7.04M
@ 7% CAP return
$6.54M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$6.52M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
2.80%
Implied, in-place cap rate for this grocery and convenience stores
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$438k *
Last sale · May 2021
$6.25M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$15.63M
Move the market yield to see immediate price impact.
Value / SF
$419
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.30%2.80%3.30%
$394k
$17.12M
$14.06M
$11.93M
$438k
$19.02M
$15.63M
$13.26M
$481k
$20.92M
$17.19M
$14.58M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$40,715
Tax year 2024
Assessed value
$6,748,740
Assessed 2024
Previous assessed
$6,841,740
-1.4% YoY
Effective rate
0.60%
On assessed value
Assessed land
$1,866,000
Assessed improvement
$4,882,740
Land market value
$1,866,000
Improvement market value
$4,882,740
Total market value
$6,748,740
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1992
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Bathrooms
11
Total area
37,298 SF
Lot
6.22 ac (270,943 SF)
Zoning code
C4
APN
8597-45-7785-000
UPID
US53-3036301
Jurisdiction
TRANSYLVANIA
Zoning & alternative use
C4 · Pisgah Forest, NCZoning C4 · permitted uses
C4 · Pisgah Forest, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Bathrooms
11
Lot
6.22 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C4
Jurisdiction
Pisgah Forest, NC
Recorded code
C4
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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