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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Mobile home & RV parks
70 Old Shls Rd, Arden, NC 28704-8440
Trust Owned
22-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-2564836
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1950
Total area
960 SF
Lot
2.01 ac (87,556 SF)
Zoning code
DEED DATE: 06/07/2009 DEE
APN
9654-02-7741-00000
UPID
US53-2564836
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$833k
Blend (final)
Blend
$835k
Owner & transaction history
Dowtin,james SR Trust Etal · 22 yrs held
Dowtin,james SR Trust Etal
since 2004
7 recorded transactions
Zoning & alternative use
DEED DATE: 06/07/2009 DEE · Arden, 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 Arden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arden 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
$835k
Range $752k – $919k · ±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
$870 / 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
$3,749
Tax year 2024
Assessed value
$609,000
Assessed 2024
Previous assessed
$609,000
+0.0% YoY
Effective rate
0.62%
On assessed value
Land market value
$162,900
Improvement market value
$446,100
Total market value
$609,000
Applied tax rate
19.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1950
Heating
YES
Cooling
NONE
Buildings
4
Stories
1
Bathrooms
1
Total area
960 SF
Lot
2.01 ac (87,556 SF)
Zoning code
DEED DATE: 06/07/2009 DEE
APN
9654-02-7741-00000
UPID
US53-2564836
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE: 06/07/2009 DEE · Arden, NC
Zoning DEED DATE: 06/07/2009 DEE · permitted uses
DEED DATE: 06/07/2009 DEE · Arden, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
1
Lot
2.01 ac
Current owner
From public records · entity-resolved
Dowtin,james SR Trust Etal
Trust
Free & Clear · 22 yrs held
Mailing address
5 CHARLESTON SQ, GREENSBORO, NC 27408-3830
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2026
—
James Dowtin SR Revocable Trust
—
Deed
related
$980,000 · First National Bank Of Pennsylvania
Dec 23, 2025
—
James Dowtin SR Revocable Trust
—
Deed
related
$980,000 · First National Bank Of Pennsylvania
Aug 23, 2017
—
Dowtin,james M SR Trust
—
Deed
related
$715,000 · Entegra Bk
Oct 27, 2016
—
Dowtin,james M SR Trust
—
Deed
related
$550,000 · Entegra Bk
Jan 12, 2004
—
Dowtin,james SR Trust Etal
Dowtin Inv Real Estate
Quit Claim Deed
related
—
—
—
Dowtin James M JR.
—
Deed Of Trust
related
$474,500 · Oldtown Bk
—
—
Dowtin,james M SR Trust
—
Deed Of Trust
related
$550,000 · Entegra Bk
—
—
Dowtin,james M SR Trust
—
Deed Of Trust
related
$715,000 · Entegra 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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