Property profile

600 State St Black Mountain, NC 28711

OFF-MARKET
Motels
Property ID
US53-0868465
7,831 SF 1.54 ac lot Built 1950
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1950
Construction BRICK
Total area 7,831 SF
Lot 1.54 ac (67,082 SF)
Zoning code DEED DATE: 2023-09-07 DEE
APN 0619-04-5600-00000
UPID US53-0868465

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
  • Hotel & Motel

Location

600 State St Black Mountain, NC 28711-2748
Black Mountain metro Census 3107 ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$730k
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$660k

Owner & transaction history

since 2023
Last sale
$800,000
1 recorded transaction
2023
$800,000

Zoning & alternative use

DEED DATE: 2023-09-07 DEE · Black Mountain, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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