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    Property profile & analytics

    2036 Blowing Rock Rd Boone, NC 28607-6152

    • Drive through restaurants
    • 5,670 SF
    • 1.63 lot acres
    OFF-MARKET
    Value Estimation
    $1,995,000
    Last Sale
    Dec 17, 2020
    $1,960,000
    Location Intelligence
    Property ID
    US53-2481533
    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

    • Applebee's Grill + Bar / Family Restaurant / Hamburger Restaurant

    Property Details for 2036 Blowing Rock Rd

    Year built
    2004
    Lot size
    1.63 lot acres
    Property size
    5,670 SF
    Zone code
    BOB3
    Property type
    Drive through restaurants
    APN
    2910-60-5971-000
    APU
    2910605971000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,975,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,065,000
      6.5%
      $2,065,000
      7%
      $2,040,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,035,000
      Geo Method
      $2,125,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,800,000
      Retail
      $1,785,000
      Mixed-Use
      $1,515,000
      Hospitality
      $1,715,000
      Educational
      $1,555,000
      Residential Income
      $1,400,000
      Energy
      $1,530,000
      Income-Based Land
      $1,515,000
      Food Service
      $1,815,000

    Location Insight

    • Map
    • Local Demand
    City
    Boone
    County
    Watauga
    State
    North Carolina
    Longitude
    -81.6553
    Latitude
    36.1965
    CBSA code
    14380
    CBSA name
    BOONE, NC MICROPOLITAN STATISTICAL AREA

    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
    $1,370,700
    $682,170
    $2,052,870
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,983 SF

      545 Hwy 105th Ext

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,983 SF
      545 Hwy 105th Ext, Boone, NC 28607-4712
      View Details
    • Value Estimation by Request
      2,750 SF

      1641 Blowing Rock Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,750 SF
      1641 Blowing Rock Rd, Boone, NC 28607-6145
      View Details
    • Value Estimation by Request
      1,280 SF

      702 Blowing Rock Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,280 SF
      702 Blowing Rock Rd, Boone, NC 28607-4835
      View Details
    • Value Estimation
      $705,000
      1,780 SF

      1760 Blowing Rock Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,780 SF
      1760 Blowing Rock Rd, Boone, NC 28607-6146
      View Details
    • Value Estimation by Request
      595 SF

      1521 Blowing Rock Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 595 SF
      1521 Blowing Rock Rd, Boone, NC 28607-6143
      View Details
    • Value Estimation by Request
      4,365 SF

      1668 Blowing Rock Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,365 SF
      1668 Blowing Rock Rd, Boone, NC 28607-6144
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      12,908 SF

      Boone Office Space Available

      Modern Boone office suites, various sizes.
      850 Blowing Rock Rd, Boone, NC 28607
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    • Contact for pricing
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      High-traffic retail space near Appalachian State.
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      View Details
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      Prime location, strong tenant mix, 0.75 acres.
      0 New Market Ctr, Boone, NC 28607
      View Details
    • $15 SF/Yr
      4,486 SF

      229 Nc-105 Ext

      Medical offices • 2.55 Acres
      229 Nc-105 Ext, Boone, NC 28607
      View Details
    • Contact for pricing
      3,030 SF

      Rivers Walk Office Suites in Boone, NC

      Modern Boone Office Space, Multiple Suites Available
      144 Poplar Grove Rd, Boone, NC 28607
      View Details
    • Contact for pricing

      Premier Retail Destination in Boone

      Retail space available in Boone's premier shopping center.
      New Market Ctr, Boone, NC 28607
      View Details

    Property Visit Statistics

    • Visits by month
      96.7k
    • Visitors by month
      53.1k
    • Avg Time on site
      19 min
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    Boone, NC 28607-6152
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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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