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    Property profile & analytics

    1536 Franklin Rd Highlands, NC 28741-8557

    • Turn key restaurants
    • 3,382 SF
    • 1.18 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 30, 2022
    Location Intelligence
    Property ID
    US53-2024012
    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

    • On The Verandah / American Restaurant

    Property Details for 1536 Franklin Rd

    Year built
    1923
    Construction
    LOG
    Lot size
    1.18 lot acres
    Property size
    3,382 SF
    Zone code
    HB3
    Property type
    Turn key restaurants
    APN
    7530746708
    APU
    7530746708

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Highlands
    County
    Macon
    State
    North Carolina
    Longitude
    -83.22
    Latitude
    35.0632

    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
    $5,684
    $796,500
    $628,600
    $1,425,100
    -
    $796,500
    $628,600
    $1,425,100

    Comparable in this City

    • Value Estimation by Request
      3,630 SF

      163 Main St

      RESTAURANT • 3,630 SF
      163 Main St, Highlands, NC 28741
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    • Value Estimation by Request
      6,068 SF

      440 Main St

      RESTAURANT • 6,068 SF
      440 Main St, Highlands, NC 28741
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    • Value Estimation
      $265,000
      1,572 SF

      4th S Dr

      RESTAURANT • 1,572 SF
      4th S Dr, Highlands, NC 28741
      View Details
    • Value Estimation
      $1,490,000
      1,966 SF

      490 Carolina Way

      RESTAURANT • 1,966 SF
      490 Carolina Way, Highlands, NC 28741
      View Details
    • Value Estimation by Request
      5,669 SF

      474 Main St

      RESTAURANT • 5,669 SF
      474 Main St, Highlands, NC 28741
      View Details
    • Value Estimation
      $210,000
      6,300 SF

      3601 Cashiers Rd

      RESTAURANT • 6,300 SF
      3601 Cashiers Rd, Highlands, NC 28741-9330
      View Details

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    1536 Franklin Rd
    Highlands, NC 28741-8557
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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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