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    Property profile & analytics

    2016 Us Hwy 64 Murphy, NC 28906-3801

    • Commercial real estate
    • 964 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 31, 2023
    Location Intelligence
    Property ID
    US53-4892183
    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

    • Commercial real estate

    Property Details for 2016 Us Hwy 64

    Year built
    1980
    Construction
    WOOD
    Lot size
    0.50 lot acres
    Property size
    964 SF
    Property type
    Commercial real estate
    APN
    458107780695000
    APU
    458107780695000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Murphy
    County
    Cherokee
    State
    North Carolina
    Longitude
    -84.0585
    Latitude
    35.0692

    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
    0
    $0.00
    $0.00
    $0.00
    $204,320
    -
    $125,000
    $79,320
    $204,320

    Comparable in this City

    • Value Estimation by Request

      15 View Ridge Trl

      Manufacturing properties
      15 View Ridge Trl, Murphy, NC 28906
      View Details
    • Value Estimation by Request
      177.00 Acres

      216 Clubhouse Ct

      Commercial real estate • 177.00 Acres
      216 Clubhouse Ct, Murphy, NC 28906
      View Details
    • Value Estimation by Request

      .38 Dickey Rd

      Land
      0 .38 Dickey Rd, Murphy, NC 28906
      View Details
    • Value Estimation by Request
      0.90 Acres

      7721 Martins Crk Rd

      COMMERCIAL (GENERAL) • 0.90 Acres
      7721 Martins Crk Rd, Murphy, NC 28906-2211
      View Details
    • Value Estimation by Request
      0.50 Acres

      2270 Us 64th Alt

      COMMERCIAL (GENERAL) • 0.50 Acres
      2270 Us 64th Alt, Murphy, NC 28906-9387
      View Details
    • Value Estimation by Request
      1.92 Acres

      Candy Mtn Rd

      COMMERCIAL (GENERAL) • 1.92 Acres
      Candy Mtn Rd, Murphy, NC 28906
      View Details

    Similar Nearby for Sale

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      Murphy NC Commercial Development Opportunity

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      Murphy NC Commercial Lot

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    • Contact for pricing

      High Ridge Road Industrial Land

      Murphy, NC Manufacturing Land - $11,800
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    Similar Nearby for Lease

    • $10 SF/Yr
      14,520 SF

      Murphy NC Commercial Space

      Prime Retail/Office Space Available
      1142 Us-64, Murphy, NC 28906
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    • Contact for pricing
      2,140 SF

      Retail Space Near Walmart

      Retail space in Murphy Plaza, anchored by Walmart.
      2320 Us 19, Murphy, NC 28906
      View Details
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    2016 Us Hwy 64
    Murphy, NC 28906-3801
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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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