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Property profile & analytics
OFF-MARKET
Estimated value
$3,305,000
Office buildings
6024 Asheville Hwy, Hendersonville, NC 28791-9100
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-1897991
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Total area
1,800 SF
Lot
4.41 ac (192,100 SF)
Zoning code
9971299~RC
APN
9652405099
UPID
US53-1897991
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.31M
Owner & transaction history
Rivers & Mcmillan LLC · 2 yrs held
Rivers & Mcmillan LLC
since 2023
Last sale
$3.2M
4 recorded transactions
Zoning & alternative use
9971299~RC · Hendersonville, 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 Hendersonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hendersonville 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
$3,465,000
ML approach
$3,365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.31M
Range $2.97M – $3.64M · ±10% · vs last sale $3.20M (Aug 11 2023)
Last sale anchor
$3.20M
Aug 11 2023
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
$1,836 / 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
Property tax & assessments
Assessed value
$1,645,000
Assessed 2024
Previous assessed
$1,624,100
+1.3% YoY
Assessed land
$1,536,800
Assessed improvement
$108,200
Land market value
$1,536,800
Improvement market value
$108,200
Total market value
$1,645,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
1,800 SF
Lot
4.41 ac (192,100 SF)
Zoning code
9971299~RC
APN
9652405099
UPID
US53-1897991
Jurisdiction
HENDERSON
Zoning & alternative use
9971299~RC · Hendersonville, NC
Zoning 9971299~RC · permitted uses
9971299~RC · Hendersonville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hendersonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
4.41 ac
Current owner
From public records · entity-resolved
Rivers & Mcmillan LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1414 E WASHINGTON ST N STE N, GREENVILLE, SC 29607-1859
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2023
$3,200,000
Rivers & Mcmillan LLC
Discovery One Land Holdings LLC
Warranty Deed
—
Apr 26, 2018
—
Discovery One Land Hldgs LLC
Shottenkirk,ashley & Gregory J
Quit Claim Deed
related
—
Feb 23, 2018
$1,800,000
Discovery One Land Hldgs LLC
Gregory J Shottenkirk
Quit Claim Deed
related
$2,720,000 · Ally Bk
Feb 23, 2018
—
Discovery One Land Hldgs LLC
Kevin D Geagan
Grant Deed
related
$30,000,000 · Ally Bk
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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