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Property profile & analytics
OFF-MARKET
Estimated value
$20,240,000
Investment properties
199 Hwy 105th Ext Boone, NC 28607-4207
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-2490753
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2020
Total area
7,060 SF
Lot
2.56 ac (111,514 SF)
Zoning code
BOMZ
APN
2910-27-8467-000
UPID
US53-2490753
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.24M
Owner & transaction history
Residence At Peak Of Boone LLC · 4 yrs held
Residence At Peak Of Boone LLC
since 2022
Last sale
$25.1M
6 recorded transactions
Zoning & alternative use
BOMZ · Boone, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Boone submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boone submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$13,915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$20.24M
Range $18.22M – $22.26M · ±10% · vs last sale $25.10M (Jan 10 2022)
Last sale anchor
$25.10M
Jan 10 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$2,867 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$22,163,580
Assessed 2023
Previous assessed
$22,648,990
-2.1% YoY
Assessed land
$1,000,000
Assessed improvement
$21,163,580
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2020
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Units
36
Total area
7,060 SF
Lot
2.56 ac (111,514 SF)
Zoning code
BOMZ
APN
2910-27-8467-000
UPID
US53-2490753
Jurisdiction
WATAUGA
Zoning & alternative use
BOMZ · Boone, NC
Zoning BOMZ · permitted uses
BOMZ · Boone, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boone. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Heating
CENTRAL
Cooling
Yes
Buildings
2
Units
36
Lot
2.56 ac
Current owner
From public records · entity-resolved
Residence At Peak Of Boone LLC
Entity
Mailing address
199 HWY 105TH EXT, BOONE, NC 28607-4207
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2025
—
Residence At Peak Of Boone LLC
—
Deed
related
$598,400,000 · Citi Real Estate Funding INC
Jan 6, 2025
—
Residence At Peak Of Boone LLC
—
Deed
related
$19,500,000 · Scredit Mortgage Funding Sub 3 LLC
Jan 10, 2022
$25,100,000
Residence At Peak Of Boone LLC
Md Boone LLC
Special Warranty Deed
$18,000,000 · Acres Realty Funding INC
Oct 16, 2019
$2,500,000
Md Boone LLC
Seven Properties Boone LLC
Warranty Deed
$11,900,000 · First National Bank Of Pennsylvania
—
—
Seven Properties Boone LLC
—
Deed Of Trust
related
$800,000 · Bob Dunn Hyundai INC
—
—
Seven Properties Boone LLC
—
Deed Of Trust
related
$1,850,000 · Newbridge Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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