Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    29 Pencil Ln Cullowhee, NC 28723

    • Retail space
    • 280 SF
    • 0.95 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US53-1071641
    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

    • Retail space

    Property Details for 29 Pencil Ln

    Year built
    1975
    Lot size
    0.95 lot acres
    Property size
    280 SF
    Property type
    Retail space
    APN
    7559-54-1698
    APU
    7559541698

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cullowhee
    County
    Jackson
    State
    North Carolina
    Longitude
    -83.1738
    Latitude
    35.312
    CBSA code
    19000
    CBSA name
    CULLOWHEE, 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
    2023
    $1,070
    $149,630
    $131,830
    $281,460
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $355,000
      240 SF

      10 Tango Ct

      RETAIL STORES (PERSONAL SERVICES) • 240 SF
      10 Tango Ct, Cullowhee, NC 28723-8447
      View Details
    • Value Estimation
      $360,000
      936 SF

      72 Pne Crk Rd

      RETAIL STORES (PERSONAL SERVICES) • 936 SF
      72 Pne Crk Rd, Cullowhee, NC 28723
      View Details
    • Value Estimation
      $390,000
      3,072 SF

      360 Cullowhee Mtn Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,072 SF
      360 Cullowhee Mtn Rd, Cullowhee, NC 28723
      View Details
    • Value Estimation
      $445,000
      3,600 SF

      4675 Little Savannah Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,600 SF
      4675 Little Savannah Rd, Cullowhee, NC 28723
      View Details
    • Value Estimation
      $440,000
      5,644 SF

      4776 Little Savannah Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,644 SF
      4776 Little Savannah Rd, Cullowhee, NC 28723
      View Details
    • Value Estimation by Request
      2,250 SF

      15 Monteith Gap Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,250 SF
      15 Monteith Gap Rd, Cullowhee, NC 28723
      View Details

    Similar Nearby for Sale

    • $898,500
      4.67 Acres

      Established Retail Business Opportunity

      Successful retail business for sale in growing area near university.
      7987 Highway 107 S, Cullowhee, NC 28723
      View Details
    • $799,000
      1,600 SF

      Versatile Mixed-Use Investment Opportunity

      Unique property with residential and commercial spaces in growing area.
      3074 Old Cullowhee Rd, Cullowhee, NC 28723
      View Details
    • $198,000
      38.57 Acres

      Unrestricted Mountain Land with Natural Spring

      38+/- acres of unrestricted mountain land with natural spring and views.
      9999 Wayehutta Rd, Cullowhee, NC 28723
      View Details
    • $525,000
      12.00 Acres

      Development Land Near Western Carolina

      Entitled development land near WCU, ideal for housing.
      0004 Lyle Wilson Rd, Cullowhee, NC 28723
      View Details
    • $1,475,000
      27.24 Acres

      Development Land Near Western Carolina

      Entitled development land near Western Carolina University in Opportunity Zone.
      Lyle Wilson Rd, Cullowhee, NC 28723
      View Details
    • $625,000
      10.00 Acres

      Entitled Development Land Near WCU

      Development land near WCU, entitled for 23 residential units.
      002 Lyle Wilson Rd, Cullowhee, NC 28723
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    29 Pencil Ln
    Cullowhee, NC 28723
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.