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Property profile & analytics
OFF-MARKET
Medical Office Space
789 Patton Ave Asheville, NC 28806-3640
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0974504
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1961
Construction
FRAME
Total area
2,357 SF
Lot
0.48 ac (20,909 SF)
Zoning code
DEED DATE: 11/16/2005 DEE
APN
9638-48-6364-00000
UPID
US53-0974504
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
-
Carolina Health & Wellness Medical Clinic
-
Acton Family Chiropractic Alternative Medicine Practice
-
Dr Chiropractor Donald Acton Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Patton Clinic Properties LLC · 20 yrs held
Patton Clinic Properties LLC
since 2005
3 recorded transactions
Zoning & alternative use
DEED DATE: 11/16/2005 DEE · Asheville, 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 Asheville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Asheville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,715
Tax year 2024
Assessed value
$508,700
Assessed 2024
Previous assessed
$508,700
+0.0% YoY
Effective rate
0.93%
On assessed value
Land market value
$314,600
Improvement market value
$194,100
Total market value
$508,700
Applied tax rate
6.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1961
Construction
FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
2,357 SF
Lot
0.48 ac (20,909 SF)
Zoning code
DEED DATE: 11/16/2005 DEE
APN
9638-48-6364-00000
UPID
US53-0974504
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE: 11/16/2005 DEE · Asheville, NC
Zoning DEED DATE: 11/16/2005 DEE · permitted uses
DEED DATE: 11/16/2005 DEE · Asheville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Asheville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Patton Clinic Properties LLC
Entity
Free & Clear · 20 yrs held
Mailing address
35TH LARKSPUR CT, ASHEVILLE, NC 28805-1368
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2005
—
Patton Clinic Properties LLC
Acton,donald R & Joan D
Warranty Deed
—
—
—
Patton Clinic Properties LLC
—
Deed Of Trust
related
$153,000 · Beautiful Image/asheville LLC
—
—
Donald R Acton
—
Deed Of Trust
related
$300,000 · Forest Commercial 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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