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Property profile & analytics
OFF-MARKET
Retail space
415 Blowing Rock Rd, Boone, NC 28607-4802
Individually Owned
6-yr Hold
Free & Clear
Property ID
US53-2821604
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Total area
2,460 SF
Lot
0.17 ac (7,362 SF)
Zoning code
BOB2
APN
2910-06-7648-000
UPID
US53-2821604
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Thrift Smith Vintage (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Andre W Greene · 6 yrs held
Andre W Greene
since 2020
7 recorded transactions
Zoning & alternative use
BOB2 · Boone, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Boone submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boone submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$602,090
Assessed 2023
Previous assessed
$602,090
+0.0% YoY
Assessed land
$162,000
Assessed improvement
$440,090
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1949
Heating
CENTRAL
Cooling
NONE
Stories
2
Units
4
Bathrooms
6
Total area
2,460 SF
Lot
0.17 ac (7,362 SF)
Zoning code
BOB2
APN
2910-06-7648-000
UPID
US53-2821604
Jurisdiction
WATAUGA
Zoning & alternative use
BOB2 · Boone, NC
Zoning BOB2 · permitted uses
BOB2 · Boone, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boone. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
4
Bathrooms
6
Lot
0.17 ac
Current owner
From public records · entity-resolved
Andre W Greene
Individual
Free & Clear · 6 yrs held
Mailing address
PO BOX 126, BOONE, NC 28607-0126
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2022
—
Blue Ridge Investments LLC
—
Deed
related
$750,000 · Skyline National Bank
Apr 6, 2020
—
Andre W Greene
Rebecca Eggers-gryder
Grant Deed
related
—
Mar 2, 2020
—
Blue Ridge Investments LLC
—
Deed
related
$67,000 · Skyline Nat'l Bk
May 20, 2016
—
Blue Ridge Investments LLC
—
Deed
related
$325,000 · Great St Bk
Mar 28, 2016
—
Blue Ridge Investments LLC
Greene,susan B
Grant Deed
—
Mar 24, 2016
—
Susan B Greene
Greene,dennis L
Quit Claim Deed
related
—
—
—
Dennis L Greene
—
Deed Of Trust
related
$250,000 · Great State Bank
—
—
Blue Ridge Investments LLC
—
Deed Of Trust
related
$325,000 · Great St Bk
—
—
Dennis L Greene
—
Deed Of Trust
related
$45,000 · Great State Bank
—
—
Dennis L Greene
—
Loan Modification
related
$285,000 · High Country Bank
—
—
Dennis L Greene
—
Deed Of Trust
related
$25,000 · Great State Bank
—
—
Blue Ridge Investments LLC
—
Deed Of Trust
related
$67,000 · Skyline Nat'l Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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