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Property profile & analytics
OFF-MARKET
Auto shops
41 Reems Crk Rd, Weaverville, NC 28787-9211
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-5385688
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1973
Construction
STEEL FRAME
Total area
2,264 SF
Lot
0.52 ac (22,651 SF)
Zoning code
DEED DATE: 2022-12-28 DEE
APN
9742-12-0305-00000
UPID
US53-5385688
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
-
Carolina Comfort Heating And Cooling, Inc. HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Reems Creek Road Partners LLC · 3 yrs held
Reems Creek Road Partners LLC
since 2022
Last sale
$517,500
5 recorded transactions
Zoning & alternative use
DEED DATE: 2022-12-28 DEE · Weaverville, 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 Weaverville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weaverville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$754
Tax year 2024
Assessed value
$117,800
Assessed 2024
Previous assessed
$117,800
+0.0% YoY
Effective rate
0.64%
On assessed value
Land market value
$49,400
Improvement market value
$68,400
Total market value
$117,800
Applied tax rate
22.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1973
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
2,264 SF
Lot
0.52 ac (22,651 SF)
Zoning code
DEED DATE: 2022-12-28 DEE
APN
9742-12-0305-00000
UPID
US53-5385688
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE: 2022-12-28 DEE · Weaverville, NC
Zoning DEED DATE: 2022-12-28 DEE · permitted uses
DEED DATE: 2022-12-28 DEE · Weaverville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Weaverville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Reems Creek Road Partners LLC
Entity
Mailing address
2304 SILVERDALE DR STE #300, JOHNSON CITY, TN 37601-2590
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Dec 28, 2022
$517,500
Reems Creek Road Partners LLC
Shane Abraham
Special Warranty Deed
$501,500 · Eclipse Bank INC
Aug 12, 2022
$515,000
Shane Abraham
John Wayne Holdings LLC
Warranty Deed
—
Dec 17, 2015
$160,000
John Wayne Holdings LLC
Rebecca C Moran
Warranty Deed
$277,000 · Suntrust Bank
May 30, 2008
$120,000
Loney Eugene Moran III
Brown,billy J
Grant Deed
$129,800 · Hometrust Bank
—
—
Loney E Moran III
—
Deed Of Trust
related
$60,000 · Avista Development Corp
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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