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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Retail space
582 Main St Sylva, NC 28779-5543
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-3901080
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1901
Total area
4,200 SF
Lot
0.09 ac (3,920 SF)
Zoning code
B1 MAIN STREET DISTRICT
APN
7641-17-3639
UPID
US53-3901080
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
-
Blue Ridge Bootleg Coffee Roastery and Cafe Cafe & Coffee Shop
-
Reflection of Inspiration Inc Charitable Organization Social Service Agency
-
The Farmhouse Coffee Bar Cafe & Coffee Shop
-
The Farmhouse Mercantile & Coffee Bar Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$387k
Blend (final)
Blend
$610k
Owner & transaction history
Tammy Lee Fuller · 4 yrs held
Tammy Lee Fuller
since 2022
2 recorded transactions
Zoning & alternative use
B1 MAIN STREET DISTRICT · Sylva, 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 Sylva submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sylva 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
$565,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$810,000
Current use
COMMERCIAL (GENERAL)
$680,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$610k
Range $549k – $671k · ±10%
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
$145 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,772
Tax year 2023
Assessed value
$466,420
Assessed 2023
Previous assessed
$466,420
+0.0% YoY
Effective rate
0.38%
On assessed value
Assessed land
$84,380
Assessed improvement
$382,040
Applied tax rate
15.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1901
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
4,200 SF
Lot
0.09 ac (3,920 SF)
Zoning code
B1 MAIN STREET DISTRICT
APN
7641-17-3639
UPID
US53-3901080
Jurisdiction
JACKSON
Zoning & alternative use
B1 MAIN STREET DISTRICT · Sylva, NC
Zoning B1 MAIN STREET DISTRICT · permitted uses
B1 MAIN STREET DISTRICT · Sylva, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sylva. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$810,000
COMMERCIAL (GENERAL)
Est. value
$680,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1901
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Tammy Lee Fuller
Individual
Mailing address
582 W MAIN ST, SYLVA, NC 28779-5543
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2022
$600,000
Tammy Lee Fuller
Duane Jay Ball
Warranty Deed
$47,500 · First Citizens Bank & Trust Co
May 7, 2015
$175,000
Duane J Ball
Sylva Supply Co INC
Grant Deed
—
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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