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    Property profile & analytics

    375 College Dr Banner Elk, NC 28604

    • Schools
    • 3,521 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $415,000
    Location Intelligence
    Property ID
    US53-2702113
    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

    • Schools

    Property Details for 375 College Dr

    Year built
    1949
    Construction
    CONCRETE
    Lot size
    1.00 lot acres
    Property size
    3,521 SF
    Property type
    Schools
    APN
    1858051803880000290
    APU
    1858051803880000290

    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
    -81.8793
    Latitude
    36.1559

    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
    $788
    $0.00
    $196,900
    $196,900
    -
    $0.00
    $196,900
    $196,900

    Comparable in this City

    • Value Estimation by Request
      8,480 SF

      Campus Dr

      COLLEGE, UNIVERSITY, VOC SCHOOL • 8,480 SF
      Campus Dr, Banner Elk, NC 28604
      View Details
    • Value Estimation by Request
      18,744 SF

      282 Main W St

      COLLEGE, UNIVERSITY, VOC SCHOOL • 18,744 SF
      282 Main W St, Banner Elk, NC 28604
      View Details
    • Value Estimation
      $220,000
      4,144 SF

      146 Banner Crk Rd

      COLLEGE, UNIVERSITY, VOC SCHOOL • 4,144 SF
      146 Banner Crk Rd, Banner Elk, NC 28604
      View Details
    • Value Estimation by Request
      5,256 SF

      175 Hall Ct

      COLLEGE, UNIVERSITY, VOC SCHOOL • 5,256 SF
      175 Hall Ct, Banner Elk, NC 28604
      View Details
    • Value Estimation
      $465,000
      3,475 SF

      159 Main W St

      COLLEGE, UNIVERSITY, VOC SCHOOL • 3,475 SF
      159 Main W St, Banner Elk, NC 28604
      View Details
    • Value Estimation
      $230,000
      2,709 SF

      258 Main W St

      COLLEGE, UNIVERSITY, VOC SCHOOL • 2,709 SF
      258 Main W St, Banner Elk, NC 28604
      View Details

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    375 College Dr
    Banner Elk, NC 28604
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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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