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    Property profile & analytics

    2872 Old 421st S Boone, NC 28607-6341

    • Investment properties
    • 3,200 SF
    • 2.62 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 08, 2022
    $516,000
    Location Intelligence
    Property ID
    US53-2846633
    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

    • Investment properties

    Property Details for 2872 Old 421st S

    Year built
    1930
    Lot size
    2.62 lot acres
    Property size
    3,200 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    2931-50-0545-000
    APU
    2931500545000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boone
    County
    Watauga
    State
    North Carolina
    Longitude
    -81.5936
    Latitude
    36.2243
    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
    $128,000
    $513,970
    $641,970
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.62 Acres

      3102 Us Hwy 421st N

      OFFICE/RESIDENTIAL (MIXED USE) • 0.62 Acres
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      View Details
    • Value Estimation by Request
      1,760 SF

      5109 Bamboo Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,760 SF
      5109 Bamboo Rd, Boone, NC 28607-8729
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    • Value Estimation by Request
      7,060 SF

      199 Hwy 105th Ext

      OFFICE/RESIDENTIAL (MIXED USE) • 7,060 SF
      199 Hwy 105th Ext, Boone, NC 28607-4207
      View Details
    • Value Estimation
      $370,000
      1,344 SF

      3149 Nc Hwy 105th S

      OFFICE/RESIDENTIAL (MIXED USE) • 1,344 SF
      3149 Nc Hwy 105th S, Boone, NC 28607-7309
      View Details
    • Value Estimation
      $310,000
      2,064 SF

      1472 Old Bristol Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,064 SF
      1472 Old Bristol Rd, Boone, NC 28607-7680
      View Details
    • Value Estimation
      $320,000
      1,620 SF

      2791 Us Hwy 421st N

      OFFICE/RESIDENTIAL (MIXED USE) • 1,620 SF
      2791 Us Hwy 421st N, Boone, NC 28607-7654
      View Details

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    Boone, NC 28607-6341
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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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