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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Auto shops
610 Old Lytle Cv Rd, Swannanoa, NC 28778-3722
Individually Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-5825149
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2004
Construction
STEEL FRAME
Total area
8,340 SF
Lot
4.9 ac (213,444 SF)
Zoning code
DEED DATE: 02/25/2004 DEE
APN
9699-60-5091-00000
UPID
US53-5825149
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
-
Russell's Paint & Body, LLC. Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$705k
Blend (final)
Blend
$705k
Owner & transaction history
Russell Moeller · 22 yrs held
Russell Moeller
since 2004
6 recorded transactions
Zoning & alternative use
DEED DATE: 02/25/2004 DEE · Swannanoa, 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 Swannanoa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Swannanoa 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
$85 / 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
$2,542
Tax year 2024
Assessed value
$386,500
Assessed 2024
Previous assessed
$386,500
+0.0% YoY
Effective rate
0.66%
On assessed value
Land market value
$85,300
Improvement market value
$301,200
Total market value
$386,500
Applied tax rate
25.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
8,340 SF
Lot
4.9 ac (213,444 SF)
Zoning code
DEED DATE: 02/25/2004 DEE
APN
9699-60-5091-00000
UPID
US53-5825149
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE: 02/25/2004 DEE · Swannanoa, NC
Zoning DEED DATE: 02/25/2004 DEE · permitted uses
DEED DATE: 02/25/2004 DEE · Swannanoa, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Swannanoa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.9 ac
Current owner
From public records · entity-resolved
Russell Moeller
Individual
Mailing address
124 FRST HLS DR, BLACK MOUNTAIN, NC 28711-9704
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2023
—
Russell Moeller
—
Deed
related
$400,000 · First Citizens Bank & Trust Co
Aug 17, 2004
—
Moeller,russell
—
Trustees Deed
related
$55,250 · Bank Of Asheville
Feb 25, 2004
—
Russell Moeller
Russells Paint &
Quit Claim Deed
related
—
May 2, 2003
—
Russells Paint & Body LLC
Moeller,russell
Quit Claim Deed
related
—
—
—
Russells Paint & Body LLC
—
Loan Modification
related
—
—
—
Moeller,russell
—
Deed Of Trust
related
$186,000 · Asheville-buncombe Dev Corp
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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