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    Property profile & analytics

    344 Old Minneapolis Rd Newland, NC 28657-9381

    • Garden apartment buildings
    • 2,400 SF
    • 1.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-3445892
    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

    • Garden apartment buildings

    Property Details for 344 Old Minneapolis Rd

    Year built
    1944
    Construction
    CONCRETE BLOCKS
    Lot size
    1.60 lot acres
    Property size
    2,400 SF
    Property type
    Garden apartment buildings
    APN
    18170082291500000
    APU
    18170082291500000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newland
    County
    Avery
    State
    North Carolina
    Longitude
    -81.9857
    Latitude
    36.1121

    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
    $82
    $13,900
    $6,700
    $20,600
    -
    $13,900
    $6,700
    $20,600

    Comparable in this City

    • Value Estimation
      $310,000
      3,168 SF

      148 Watauga St

      GARDEN APT, COURT APT (5+ UNITS) • 3,168 SF
      148 Watauga St, Newland, NC 28657-7103
      View Details
    • Value Estimation by Request
      2,060 SF

      2706 Roaring Crk Rd

      GARDEN APT, COURT APT (5+ UNITS) • 2,060 SF
      2706 Roaring Crk Rd, Newland, NC 28657-9920
      View Details
    • Value Estimation
      $480,000
      4,616 SF

      262 Jonas Rdg Hwy

      GARDEN APT, COURT APT (5+ UNITS) • 4,616 SF
      262 Jonas Rdg Hwy, Newland, NC 28657
      View Details
    • Value Estimation by Request
      1,144 SF

      130 Hardees Aly Rd

      GARDEN APT, COURT APT (5+ UNITS) • 1,144 SF
      130 Hardees Aly Rd, Newland, NC 28657-7719
      View Details
    • Value Estimation by Request
      1,908 SF

      1751 3rd Mile Hwy

      GARDEN APT, COURT APT (5+ UNITS) • 1,908 SF
      1751 3rd Mile Hwy, Newland, NC 28657-7963
      View Details
    • Value Estimation
      $70,000
      28,456 SF

      198 Cemetery Rd

      GARDEN APT, COURT APT (5+ UNITS) • 28,456 SF
      198 Cemetery Rd, Newland, NC 28657-8829
      View Details

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    344 Old Minneapolis Rd
    Newland, NC 28657-9381
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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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