Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    307 E Main St Sylva, NC 28779

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    307 E Main St Sylva, NC 28779

    View on Map
    • Car washes
    • 1,980 SF
    • 0.78 lot acres
    For Sale
    $949,000
    View Listing →
    Sylva Commercial Property For Sale For Sale
    $949,000
    900 SF

    Sylva Commercial Property For Sale

    Commercial property with office space and expansion potential in Sylva.

    307 E Main Street, Sylva, NC 28779
    View Listing
    Property ID
    US53-0210507
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • AutoStar of Sylva / Car Dealership

    Property Details for 307 E Main St

    Year built
    1996
    Lot size
    0.78 lot acres
    Property size
    1,980 SF
    Zone code
    B2 BUSINESS DISTRICT
    Property type
    Car washes
    APN
    7641-57-8107
    APU
    7641578107

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sylva
    County
    Jackson
    State
    North Carolina
    Longitude
    -83.2084
    Latitude
    35.3729
    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
    $2,308
    $513,860
    $93,510
    $607,370
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,485 SF

      15 Crestview Hts

      CAR WASH • 1,485 SF
      15 Crestview Hts, Sylva, NC 28779-3236
      View Details
    • Value Estimation by Request
      2,911 SF

      1148 Mineral Spgs Dr

      AUTO REPAIR, GARAGE • 2,911 SF
      1148 Mineral Spgs Dr, Sylva, NC 28779
      View Details
    • Value Estimation by Request
      4,000 SF

      29 Brg St

      AUTO REPAIR, GARAGE • 4,000 SF
      29 Brg St, Sylva, NC 28779-2820
      View Details
    • Value Estimation by Request
      1,500 SF

      74 Gunsmoke Rd

      AUTO REPAIR, GARAGE • 1,500 SF
      74 Gunsmoke Rd, Sylva, NC 28779-6021
      View Details
    • Value Estimation by Request
      1,120 SF

      413 Main St

      AUTO REPAIR, GARAGE • 1,120 SF
      413 Main St, Sylva, NC 28779-5549
      View Details
    • Value Estimation by Request
      3,200 SF

      6103 Us Hwy 441st S

      AUTO REPAIR, GARAGE • 3,200 SF
      6103 Us Hwy 441st S, Sylva, NC 28779
      View Details

    Similar Nearby for Sale

    • $695,000
      6,900 SF

      Commercial Building in Sylva, NC

      Large commercial building suitable for retail or automotive use.
      478 Asheville Hwy, Sylva, NC 28779
      View Details
    • $390,000
      1,020 SF

      Versatile Commercial Property on Skyland Drive

      Move-in ready building suitable for retail, office, or daycare.
      286 Skyland Dr, Sylva, NC 28779
      View Details
    • $1,250,000
      11,000 SF

      West Main Street Commercial Buildings

      Two buildings with retail, office spaces, and business opportunities.
      562 W Main St, Sylva, NC 28779
      View Details
    • $2,500,000
      1.46 Acres

      Prime Retail Site in Sylva

      Highly visible retail property on 1.46 acres with city utilities.
      30 Main St, Sylva, NC 28779
      View Details
    • Contact for pricing

      Skyland Drive Commercial Property For Sale

      Commercial property on Skyland Drive, ideal for various business uses.
      286 Skyland Dr, Sylva, NC 28779
      View Details
    • $949,000
      900 SF

      Sylva Commercial Property For Sale

      Commercial property with office space and expansion potential in Sylva.
      307 E Main St, Sylva, NC 28779
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr

      Former Medical Clinic for Lease

      Turnkey medical clinic with 12 offices/exam rooms for lease.
      609 Asheville Hwy, Sylva, NC 28779
      View Details
    • Contact for pricing

      Industrial Flex Space Available

      Industrial flex space for rent, ranging from 500 to 2,000 SqFt.
      653 Scotts Creek Rd, Sylva, NC 28779
      View Details
    • Contact for pricing

      Former Medical Clinic For Lease

      Medical clinic with offices, lab, and ample parking.
      609 Asheville Hwy, Sylva, NC 28779
      View Details
    View Listing
    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.
    307 E Main St
    Sylva, NC 28779
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    307 E Main St, Sylva, NC, 28779

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!