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    Property profile & analytics

    112 Greenwood Rd Spruce Pine, NC 28777-2939

    • Retail space
    • 2,520 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 19, 2021
    Location Intelligence
    Property ID
    US53-4291167
    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

    • J J Gouge & Son Oil Co / Petroleum Products Company / Heating Oil Supplier

    Property Details for 112 Greenwood Rd

    Year built
    1920
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.58 lot acres
    Property size
    2,520 SF
    Property type
    Retail space
    APN
    0880-20-92-4391
    APU
    88020924391

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spruce Pine
    County
    Mitchell
    State
    North Carolina
    Longitude
    -82.0752
    Latitude
    35.9159

    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
    2023
    $730
    $52,100
    $78,200
    $130,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,880 SF

      Mtn Music Dr

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    • Value Estimation by Request
      1,960 SF

      151 Oak Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,960 SF
      151 Oak Ave, Spruce Pine, NC 28777-2719
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    • Value Estimation by Request
      2.00 Acres

      Blue Rdg Gem Mine Rd

      RETAIL STORES (PERSONAL SERVICES) • 2.00 Acres
      Blue Rdg Gem Mine Rd, Spruce Pine, NC 28777
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    • Value Estimation by Request
      0.94 Acres

      46 Greenwood Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.94 Acres
      46 Greenwood Rd, Spruce Pine, NC 28777-2925
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    • Value Estimation by Request
      0.69 Acres

      152 Smt Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.69 Acres
      152 Smt Ave, Spruce Pine, NC 28777-2980
      View Details
    • Value Estimation
      $335,000
      0.79 Acres

      14199 226th Hwy

      RETAIL STORES (PERSONAL SERVICES) • 0.79 Acres
      14199 226th Hwy, Spruce Pine, NC 28777-5460
      View Details

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    Similar Nearby for Lease

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      5,313 SF Medical Office for Lease
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    112 Greenwood Rd
    Spruce Pine, NC 28777-2939
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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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