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    Property profile & analytics

    127 Main St Burnsville, NC 28714

    • Retail space
    • 6,716 SF
    • 0.19 lot acres
    For Sale
    View listing
    $850,000
    Value Estimation
    Last Sale
    Apr 11, 2022
    $250,000
    Location Intelligence
    Property ID
    US53-0680441
    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

    • Lamp Post Vintage Market &The Sawmill Dry Goods & General Store / General Store / Candy Store

    Property Details for 127 Main St

    Year built
    1965
    Construction
    WOOD FRAME
    Lot size
    0.19 lot acres
    Property size
    6,716 SF
    Zone code
    C-1
    Property type
    Retail space
    APN
    082013244825.000
    APU
    82013244825000

    Description

    This exceptional 8,024 sq ft retail property, located at 127 West Main Street in Burnsville, NC, presents a unique investment opportunity. Situated on a 0.19-acre lot in the heart of downtown, this prime location offers unparalleled visibility and access to a vibrant community. The property boasts a rich history, originally constructed in the 1900s in the craftsman style and later expanded in the 1950s, creating a captivating "house within a house" effect. The multi-level space features four entrances, nine antique fireplaces, and 2.5 bathrooms. Original wood trim adds to the property's character and charm. Currently occupied by multiple local vendors and artisans, this property offers significant potential for expansion and redevelopment. Imagine adding a restaurant or brewery to complement the existing businesses and capitalize on the high foot traffic. Further enhancing the investment potential is a fully renovated one-bedroom, one-bathroom apartment at the rear of the building, which has generated income as both an Airbnb and long-term rental. A detached two-car tandem garage provides additional convenience and storage. This is a rare chance to acquire a piece of Burnsville's history and create a thriving commercial enterprise in a picturesque mountain setting. Priced at $850,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $320,000
      6.5%
      $285,000
      7%
      $325,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $285,000
      Retail
      $295,000
      Mixed-Use
      $265,000
      Hospitality
      $345,000
      Educational
      $285,000
      Residential Income
      $255,000
      Energy
      $315,000
      Income-Based Land
      $330,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Burnsville
    County
    Yancey
    State
    North Carolina
    Longitude
    -82.3018
    Latitude
    35.9169

    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
    $2,049
    $70,500
    $323,500
    $394,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,632 SF

      424 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,632 SF
      424 Main St, Burnsville, NC 28714-3021
      View Details
    • Value Estimation by Request
      1,500 SF

      615 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      615 Main St, Burnsville, NC 28714-2737
      View Details
    • Value Estimation by Request
      1,640 SF

      8110 State Hwy 80th S

      RETAIL STORES (PERSONAL SERVICES) • 1,640 SF
      8110 State Hwy 80th S, Burnsville, NC 28714-9598
      View Details
    • Value Estimation
      $155,000
      1,568 SF

      328 Pensacola Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,568 SF
      328 Pensacola Rd, Burnsville, NC 28714-3318
      View Details
    • Value Estimation
      $205,000
      2,500 SF

      88 Russell Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,500 SF
      88 Russell Rd, Burnsville, NC 28714-8481
      View Details
    • Value Estimation by Request
      648 SF

      1560 Us Hwy 19e

      RETAIL STORES (PERSONAL SERVICES) • 648 SF
      1560 Us Hwy 19e, Burnsville, NC 28714-7981
      View Details

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    127 Main St
    Burnsville, NC 28714
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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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