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    Property profile & analytics

    40 High S Ln Banner Elk, NC 28604

    • Auto shops
    • 5,900 SF
    OFF-MARKET
    Value Estimation
    $435,000
    Location Intelligence
    Property ID
    US53-2728506
    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

    • Auto shops

    Property Details for 40 High S Ln

    Year built
    1982
    Construction
    CONCRETE
    Property size
    5,900 SF
    Property type
    Auto shops
    APN
    18591324420400000
    APU
    18591324420400000

    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
    -81.8717
    Latitude
    36.1735

    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
    $716
    $27,000
    $151,900
    $178,900
    -
    $27,000
    $151,900
    $178,900

    Comparable in this City

    • Value Estimation by Request
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      Dogwood Rd

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      $455,000
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      931 Shawneehaw Ave

      AUTO REPAIR, GARAGE • 1,802 SF
      931 Shawneehaw Ave, Banner Elk, NC 28604-9706
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      3,040 SF

      Tynecastle Hwy

      AUTO REPAIR, GARAGE • 3,040 SF
      Tynecastle Hwy, Banner Elk, NC 28604
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    • Value Estimation
      $470,000
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      412 Beech Mtn Pkwy

      AUTO REPAIR, GARAGE • 3,272 SF
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    • Value Estimation
      $420,000
      1,700 SF

      9645 Nc Hwy 105th S

      AUTO REPAIR, GARAGE • 1,700 SF
      9645 Nc Hwy 105th S, Banner Elk, NC 28604-8647
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    • Value Estimation
      $280,000
      3,258 SF

      104 Hardees Ln

      AUTO REPAIR, GARAGE • 3,258 SF
      104 Hardees Ln, Banner Elk, NC 28604-9683
      View Details

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    40 High S Ln
    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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