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    381 Meadowview Dr Boone, NC 28607

    • Medical offices
    • 564 SF
    • 0.79 lot acres
    For Sale
    View listing
    $995,000
    Value Estimation
    Last Sale
    Apr 24, 2025
    $780,000
    Location Intelligence
    Property ID
    US53-2935028
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Maggie Sparks Dermatology / Dermatologist
    • Debra Helene Skin & Body Therapies, Maggie Sparks, M.D., Dermatology Location / Massage Therapist / Waxing Hair Removal Service

    Property Details for 381 Meadowview Dr

    Year built
    2003
    Lot size
    0.79 lot acres
    Property size
    564 SF
    Zone code
    BOB3
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    2910-41-2870-000
    APU
    2910412870000

    Description

    This exceptional 2,266 sq ft commercial property in Boone, NC, sits on a 0.79-acre lot and offers a blend of functionality and charm. Currently configured as a medical office, it features a welcoming reception area, patient waiting room, five patient rooms, a private office, and a fully equipped kitchen. Several bonus rooms provide additional flexibility for various uses, such as additional med rooms, labs, or storage. The property is ADA accessible and boasts ample parking. Its B3 general business zoning allows for a range of commercial ventures. The serene setting, combined with Boone's vibrant community, makes this an ideal location for owner-occupants or investors seeking a versatile and adaptable space. The thoughtful design and current use highlight its suitability for professional practices, while the adaptable layout presents opportunities for diverse commercial uses. This property offers a unique combination of convenience, functionality, and a desirable location in the heart of Boone.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $725,000

    • CAP approach

      CAP return
      Estimation
      6%
      $870,000
      6.5%
      $840,000
      7%
      $775,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $720,000
      Geo Method
      $930,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $790,000
      Retail
      $925,000
      Mixed-Use
      $900,000
      Hospitality
      $890,000
      Educational
      $995,000
      Residential Income
      $945,000
      Energy
      $900,000
      Income-Based Land
      $990,000
      Food Service
      $1,000,000

    Location Insight

    • Map
    • Local Demand
    City
    Boone
    County
    Watauga
    State
    North Carolina
    Longitude
    -81.6629
    Latitude
    36.1991
    CBSA code
    14380
    CBSA name
    BOONE, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $247,900
    $256,570
    $504,470
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation
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      833 State Farm Rd

      MEDICAL BUILDING • 1,538 SF
      833 State Farm Rd, Boone, NC 28607-4946
      View Details
    • Value Estimation by Request
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      169 Birch St

      MEDICAL BUILDING • 7,184 SF
      169 Birch St, Boone, NC 28607-5069
      View Details
    • Value Estimation by Request
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      579 Greenway Rd

      MEDICAL BUILDING • 12,994 SF
      579 Greenway Rd, Boone, NC 28607-4974
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      Boone, NC 28607

      MEDICAL BUILDING • 9,204 SF
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    • Value Estimation by Request
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      134 Doctors Dr

      MEDICAL BUILDING • 4,321 SF
      134 Doctors Dr, Boone, NC 28607-5000
      View Details

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    381 Meadowview Dr
    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
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