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    324 Ext Unit Boone, NC 28607

    Sponsored
    For Sale
    $320,000

    Renovated Commercial Space, Great Location, Instant Income

    Property size:
    1,227 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 324 Highway 105 Extension Unit Suite 5 in Boone, NC, presents a fantastic investment opportunity. Spanning 1,227 square feet, this recently renovated space boasts a prime location with high visibility and significant traffic flow, making it ideal for a variety of businesses. Situated in the heart of Boone, its central location ensures easy accessibility and high customer traffic. The property's versatility allows for numerous potential uses, catering to a wide range of commercial ventures. A key advantage is the presence of a long-term tenant, providing immediate and consistent rental income until the space is ready for owner-occupancy. Recent upgrades include a brand-new air conditioning unit installed in 2023 and a new roof completed in 2024, ensuring the property is well-maintained and energy-efficient. Interior photos will be available soon. The property is priced at $320,000. Please note that a 24-hour notice is required for all showings. This is a rare opportunity to acquire a turn-key commercial property in a thriving Boone location. Don't miss out on this chance to own a piece of Boone's vibrant commercial landscape.

    Property Features for 324 Ext Unit

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,227 SF

    Building Details

    Year Built
    1986
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Boone
    County
    Watauga
    State
    North Carolina
    Longitude
    -81.66892
    Latitude
    36.21294

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    FAQs

    What type of property is this?
    Commercial real estate - Renovated Commercial Space, Great Location, Instant Income
    Where is this commercial real estate located?
    The property is located at 324 Ext Unit Boone, NC.
    What is the asking price?
    The asking price for this property is $320,000.
    (828) 737-3100
    Request Owner's contact information
    324 Ext Unit Boone, NC 28607
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    324 Ext Unit Boone, NC 28607
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