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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Warehouses
68 Monticello Rd, Weaverville, NC 28787-9441
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0511318
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1987
Construction
STEEL FRAME
Total area
10,755 SF
Lot
1.88 ac (81,893 SF)
Zoning code
DEED DATE: 08/28/2013 DEE
APN
9743-02-9191-00000
UPID
US53-0511318
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
-
Coats Surplus Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$749k
Blend (final)
Blend
$690k
Owner & transaction history
Bernard Coates · 1 yrs held
Bernard Coates
since 2025
Last sale
$632,000
6 recorded transactions
Zoning & alternative use
DEED DATE: 08/28/2013 DEE · Weaverville, 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 Weaverville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weaverville 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
$690k
Range $621k – $759k · ±10% · vs last sale $632k (Jan 8 2025)
Last sale anchor
$632k
Jan 8 2025
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
$64 / 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
$3,453
Tax year 2024
Assessed value
$539,300
Assessed 2024
Previous assessed
$539,300
+0.0% YoY
Effective rate
0.64%
On assessed value
Land market value
$197,400
Improvement market value
$341,900
Total market value
$539,300
Applied tax rate
22.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
10,755 SF
Lot
1.88 ac (81,893 SF)
Zoning code
DEED DATE: 08/28/2013 DEE
APN
9743-02-9191-00000
UPID
US53-0511318
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE: 08/28/2013 DEE · Weaverville, NC
Zoning DEED DATE: 08/28/2013 DEE · permitted uses
DEED DATE: 08/28/2013 DEE · Weaverville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Weaverville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.88 ac
Current owner
From public records · entity-resolved
Bernard Coates
Individual
Free & Clear · 1 yrs held
Mailing address
97 HERRON CV RD, WEAVERVILLE, NC 28787-9227
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Apr 8, 2025
$632,000
Bernard Coates
R & M Coates LLC
Warranty Deed
—
Aug 28, 2013
$315,000
R & M Coates LLC
Td Bk NA
Grant Deed
$157,500 · United Community Bank
Oct 18, 2012
$339,500
Td Bk NA
Waslaw LLC
Trustees Deed
—
Apr 20, 2005
—
Builderss Express
—
Trustees Deed
related
$510,000 · Carolina First Bk
—
—
Express,enterprises INC
—
Deed Of Trust
related
$1,081,640 · Carolina First Bank
—
—
Express,enterprises INC
—
Deed Of Trust
related
$96,922 · Carolina First Bank
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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