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    1055 Bailey St Mars Hill, NC 28754

    • Warehouses
    • 3,160 SF
    • 11.80 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-2552890
    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

    • Warehouses

    Property Details for 1055 Bailey St

    Year built
    1978
    Construction
    WOOD
    Lot size
    11.80 lot acres
    Property size
    3,160 SF
    Zone code
    R-A
    Property type
    Warehouses
    APN
    9747-69-9319
    APU
    9747699319

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mars Hill
    County
    Madison
    State
    North Carolina
    Longitude
    -82.5538
    Latitude
    35.8396
    CBSA code
    11700
    CBSA name
    ASHEVILLE, NC METROPOLITAN 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
    $95,394
    $37,745
    $133,139
    -
    $95,394
    $37,745
    $133,139

    Comparable in this City

    • Value Estimation
      $390,000
      5,000 SF

      978 Us 19th Hwy

      WAREHOUSE, STORAGE • 5,000 SF
      978 Us 19th Hwy, Mars Hill, NC 28754
      View Details
    • Value Estimation
      $375,000
      8,160 SF

      75 Roy Edwards Ln

      WAREHOUSE, STORAGE • 8,160 SF
      75 Roy Edwards Ln, Mars Hill, NC 28754-8125
      View Details
    • Value Estimation
      $535,000
      7,500 SF

      7401 Nc Hwy 213

      MINI-WAREHOUSE, STORAGE • 7,500 SF
      7401 Nc Hwy 213, Mars Hill, NC 28754-9694
      View Details
    • Value Estimation by Request
      8,450 SF

      7860 Nc Hwy 213

      MINI-WAREHOUSE, STORAGE • 8,450 SF
      7860 Nc Hwy 213, Mars Hill, NC 28754-9600
      View Details
    • Value Estimation by Request
      6,018 SF

      37 Library St

      WAREHOUSE, STORAGE • 6,018 SF
      37 Library St, Mars Hill, NC 28754-7635
      View Details
    • Value Estimation
      $415,000
      10,000 SF

      545 Carl Eller Rd

      WAREHOUSE, STORAGE • 10,000 SF
      545 Carl Eller Rd, Mars Hill, NC 28754-6019
      View Details

    Similar Nearby for Sale

    • $60,200
      3.25 Acres

      Mars Hill Land For Sale

      3.25 acre lot in mountain community near Asheville.
      20 Red Wolf Run, Mars Hill, NC 28754
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    • $90,000
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      Residential Land in Gated Community

      1.76 acre lot in gated community near Mars Hill.
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    • $80,000
      1.16 Acres

      Cleared Corner Lot in Mars

      1.16-acre cleared corner lot in gated Settlers Cove community.
      9999 Settlers Trl, Mars Hill, NC 28754
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    • $85,000
      1.40 Acres

      Cleared Lot in Gated Community

      1.4-acre cleared lot in a gated community near Asheville.
      9999 Settlers Trl, Mars Hill, NC 28754
      View Details
    • $42,000
      0.85 Acres

      Land in Wolf Laurel Community

      Residential land with mountain views and community amenities available.
      98 Golden Leaf Rd, Mars Hill, NC 28754
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    • $60,000
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      Mars Hill Land with Potential

      Two contiguous lots with view potential near Asheville and Weaverville.
      99 &57 Fern Hl Dr, Mars Hill, NC 28754
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    1055 Bailey St
    Mars Hill, NC 28754
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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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