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Property profile & analytics
OFF-MARKET
Office Spaces
434 Russ Ave Waynesville, NC 28786-2970
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US53-0575014
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1970
Total area
2,642 SF
Lot
0.49 ac (21,214 SF)
Zoning code
RA-TC
APN
8616-30-8606
UPID
US53-0575014
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
-
Katherine Trousdale, Keller Williams Great Smokies-Bryson City Real Estate Agency
-
The Holden Team Real Estate Agency
-
Stan Holden, Keller Williams Great Smokies Real Estate Agency
-
Shirley Kelley - retired RE agent Real Estate Agency
-
Yvonne Kolomechuk Real Estate Agency
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
The Strain Family Revocable Trust
The Strain Family Revocable Trust
since 2025
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
RA-TC · Waynesville, 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 Waynesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waynesville 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 2023Property tax & assessments
Tax year 2023
Assessed value
$1,148,100
Assessed 2024
Previous assessed
$1,148,100
+0.0% YoY
Assessed land
$355,200
Assessed improvement
$792,900
Land market value
$355,200
Improvement market value
$792,900
Total market value
$1,148,100
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1970
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
2
Total area
2,642 SF
Lot
0.49 ac (21,214 SF)
Zoning code
RA-TC
APN
8616-30-8606
UPID
US53-0575014
Jurisdiction
HAYWOOD
Zoning & alternative use
RA-TC · Waynesville, NC
Zoning RA-TC · permitted uses
RA-TC · Waynesville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waynesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.49 ac
Current owner
From public records · entity-resolved
The Strain Family Revocable Trust
Trust
Mailing address
281 S SANDERS CRK PKWY STE #222, EAST SYRACUSE, NY 13057-1307
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2025
$2,944,000
The Strain Family Revocable Trust
Russ Avenue Realty LLC
Special Warranty Deed
$1,000,000 · United Farm Family Life Insurance C
Sep 25, 2025
$200,000
Michael Lubinski
Darwin Crawford
Warranty Deed
—
Aug 14, 2024
—
Aspen Dental Management INC
Russ Avenue Realty LLC
Lease
—
Jul 11, 2024
—
Russ Avenue Realty LLC
Di Carolinas LLC
Warranty Deed
—
Jul 11, 2024
$750,000
Russ Avenue Realty LLC
Di Carolinas LLC
Special Warranty Deed
—
Nov 16, 2009
$950,000
Di-carolinas LLC
Carter & Kropelnicki Pa
Trustees Deed
related
—
—
—
Kasey Properties LLC
—
Deed Of Trust
related
$180,000 · Carolina First Bank
—
—
Kasey Properties LLC
—
Deed Of Trust
related
$356,520 · Carolina First Bank
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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