Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,430,000
Strip malls
55 Sweeten Crk Rd Asheville, NC 28803-2957
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1552443
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1991
Construction
CONCRETE BLOCKS
Total area
14,400 SF
Lot
0.77 ac (33,541 SF)
Zoning code
DEED DATE:09/10/2021 DEED
APN
9647-98-1970-00000
UPID
US53-1552443
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
-
Old School Subs & Deli Take-out & Catering
-
Keller Williams Biltmore Village Realty Real Estate Agency
-
Asheville Phoenix Properties Property Management Company Homeowners' Association
-
Sherwin-Williams Commercial Paint Store Hardware & Home Improvement Building Supply
-
Chapala Tienda Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.43M
Owner & transaction history
Mis Kilitos LLC · 4 yrs held
Mis Kilitos LLC
since 2021
Last sale
$1.7M
5 recorded transactions
Zoning & alternative use
DEED DATE:09/10/2021 DEED · Asheville, NC
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 Asheville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Asheville 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
$1,305,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.43M
Range $1.29M – $1.57M · ±10% · vs last sale $1.73M (Sep 10 2021)
Last sale anchor
$1.73M
Sep 10 2021
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
$99 / 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
$10,062
Tax year 2024
Assessed value
$1,085,500
Assessed 2024
Previous assessed
$1,085,500
+0.0% YoY
Effective rate
0.93%
On assessed value
Land market value
$212,200
Improvement market value
$873,300
Total market value
$1,085,500
Applied tax rate
7.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1991
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
YES
Stories
1
Total area
14,400 SF
Lot
0.77 ac (33,541 SF)
Zoning code
DEED DATE:09/10/2021 DEED
APN
9647-98-1970-00000
UPID
US53-1552443
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE:09/10/2021 DEED · Asheville, NCZoning DEED DATE:09/10/2021 DEED · permitted uses
DEED DATE:09/10/2021 DEED · Asheville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter 7 DEVELOPMENT
Building & site characteristics
From public records
Year built
1991
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Mis Kilitos LLC
Entity
Mailing address
235 NE 25TH ST, MIAMI, FL 33137-4509
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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 1, 2021
—
Mis Kilitos LLC
—
Deed
related
$1,000,000 · First Citizens Bank & Trust Co
Sep 10, 2021
$1,730,000
Mis Kilitos LLC
55 Sweeten Creek LLC
Special Warranty Deed
—
Sep 10, 2021
—
Mis Kilitos LLC
55 Sweeten Creek LLC
Deed
—
Apr 23, 2018
—
55 Sweeten Creek LLC
—
Deed
related
$977,500 · Hometrust Bank
Dec 31, 2012
$350,000
55 Sweeten Creek LLC
Branch Banking And Trust Co
Special Warranty Deed
$290,000 · Capital Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 55 Sweeten Crk Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
