Property profile

602 State St Black Mountain, NC 28711

OFF-MARKET
Motels
Property ID
US53-5635041
9,930 SF 2.68 ac lot Built 1958
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1958
Construction FRAME
Total area 9,930 SF
Lot 2.68 ac (116,741 SF)
Zoning code DEED DATE: 07/20/2005 DEE
APN 0619-04-2595-00000
UPID US53-5635041

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

602 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
$950k
CAP Approach CAP
$925k
Comparable Approach Comparable
by Request
Blend (final) Blend
$950k

Owner & transaction history

since 2024
Last sale
$950,000
2 recorded transactions
2024
$950,000
2005
$471,000

Zoning & alternative use

DEED DATE: 07/20/2005 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
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 602 State St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message