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    Property profile & analytics

    324 Shawneehaw Ave Banner Elk, NC 28604-9719

    • Turn key restaurants
    • 2,244 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    $510,000
    Location Intelligence
    Property ID
    US53-2784601
    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

    • Turn key restaurants

    Property Details for 324 Shawneehaw Ave

    Year built
    1970
    Construction
    CONCRETE BLOCKS
    Lot size
    0.33 lot acres
    Property size
    2,244 SF
    Zone code
    C1P
    Property type
    Turn key restaurants
    APN
    18580529494100000
    APU
    18580529494100000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Banner Elk
    County
    Avery
    State
    North Carolina
    Longitude
    -81.8714
    Latitude
    36.1617

    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
    $2,955
    $214,800
    $524,000
    $738,800
    -
    $214,800
    $524,000
    $738,800

    Comparable in this City

    • Value Estimation
      $300,000
      5,191 SF

      502 Beech Mtn Pkwy

      RESTAURANT • 5,191 SF
      502 Beech Mtn Pkwy, Beech Mountain, NC 28604-8013
      View Details
    • Value Estimation
      $490,000
      4,794 SF

      4235 Nc Hwy 105th S

      RESTAURANT • 4,794 SF
      4235 Nc Hwy 105th S, Banner Elk, NC 28604-6828
      View Details
    • Value Estimation
      $440,000
      4,948 SF

      1003 Beech Mtn Pkwy

      RESTAURANT • 4,948 SF
      1003 Beech Mtn Pkwy, Beech Mountain, NC 28604-8018
      View Details
    • Value Estimation
      $450,000
      10,276 SF

      402 Beech Mtn Pkwy

      RESTAURANT • 10,276 SF
      402 Beech Mtn Pkwy, Beech Mountain, NC 28604-8012
      View Details
    • Value Estimation
      $535,000
      8,831 SF

      344 Shawneehaw Ave

      RESTAURANT • 8,831 SF
      344 Shawneehaw Ave, Banner Elk, NC 28604-9719
      View Details
    • Value Estimation
      $485,000
      3,092 SF

      171 Main E St

      RESTAURANT • 3,092 SF
      171 Main E St, Banner Elk, NC 28604
      View Details

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    Property Visit Statistics

    • Visits by month
      25.7k
    • Visitors by month
      17.0k
    • Avg Time on site
      9 min
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    324 Shawneehaw Ave
    Banner Elk, NC 28604-9719
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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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