119 Boone Ridge Dr Burnsville, NC 28714
Property profile & analytics
119 Boone Ridge Dr Burnsville, NC 28714
- Garden apartment buildings
- 3,400 SF
- 1.31 lot acres
Property ID
US53-2807652
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.
Location Intelligence
Current Use by Public Records
- Garden apartment buildings
Property Details for 119 Boone Ridge Dr
- Year built
- 2001
- Construction
- WOOD FRAME
- Lot size
- 1.31 lot acres
- Property size
- 3,400 SF
- Zone code
- R-10
- Property type
- Garden apartment buildings
- APN
- 082012756706.000
- APU
- 82012756706000
Description
This exceptional investment opportunity presents a 15,480 square foot property situated on a 1.31-acre lot at 119 Boone Ridge Drive, Burnsville, NC. Currently priced at $1,550,000, this property offers a compelling return on investment with a projected 5.8% capitalization rate. The property is located in a quiet Burnsville community, offering a peaceful atmosphere while enjoying the convenience of being just five minutes away from the town square and all local shopping amenities. The property is partially renovated, with approximately 50% of the space already updated, presenting a significant value-add potential for the astute investor. This highly sought-after location ensures strong rental demand and long-term appreciation potential. The substantial size of the property, combined with its strategic location and current renovation status, makes this an ideal opportunity for investors seeking a strong return and significant upside. The 1.31-acre lot provides ample space for future expansion or development, further enhancing the property's long-term value. This is a rare chance to acquire a well-positioned property in a desirable area with immediate income potential and significant room for growth. Don't miss this chance to secure a high-yield investment in a thriving community.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,015,000
- ML approach
- $1,745,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Burnsville
- County
- Yancey
- State
- North Carolina
- Longitude
- -82.2847
- Latitude
- 35.9197
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
2024
$5,379
$100,300
$934,200
$1,034,500
-
$0.00
$0.00
$0.00
