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    Property profile & analytics

    44 Stroup Rd Spruce Pine, NC 28777

    • Manufacturing properties
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 18, 2020
    $15,000
    Location Intelligence
    Property ID
    US53-4355975
    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

    • Stroup Hobby Shop / Woodworker / Carpenter

    Property Details for 44 Stroup Rd

    Lot size
    0.49 lot acres
    Property type
    Manufacturing properties
    APN
    0880-20-82-6434
    APU
    88020826434

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spruce Pine
    County
    Mitchell
    State
    North Carolina
    Longitude
    -82.0783
    Latitude
    35.9161

    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
    $343
    $14,700
    $46,600
    $61,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.61 Acres

      841 Altapass Hwy

      ASSEMBLY (LIGHT INDUSTRIAL) • 0.61 Acres
      841 Altapass Hwy, Spruce Pine, NC 28777
      View Details
    • Value Estimation
      $1,020,000
      4.26 Acres

      722 Altapass Hwy

      ASSEMBLY (LIGHT INDUSTRIAL) • 4.26 Acres
      722 Altapass Hwy, Spruce Pine, NC 28777-8927
      View Details
    • Value Estimation by Request
      0.69 Acres

      36 Greenwood Rd

      ASSEMBLY (LIGHT INDUSTRIAL) • 0.69 Acres
      36 Greenwood Rd, Spruce Pine, NC 28777-2925
      View Details
    • Value Estimation
      $320,000
      0.09 Acres

      218 Oak Ave

      ASSEMBLY (LIGHT INDUSTRIAL) • 0.09 Acres
      218 Oak Ave, Spruce Pine, NC 28777-2722
      View Details
    • Value Estimation
      $270,000
      6.88 Acres

      114 Finishes 1st Rd

      ASSEMBLY (LIGHT INDUSTRIAL) • 6.88 Acres
      114 Finishes 1st Rd, Spruce Pine, NC 28777-9503
      View Details
    • Value Estimation
      $410,000
      6.70 Acres

      165 1st Genesis Way

      ASSEMBLY (LIGHT INDUSTRIAL) • 6.70 Acres
      165 1st Genesis Way, Spruce Pine, NC 28777-6403
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $15 SF/Yr
      5,313 SF

      Spruce Pine Medical Office Building

      5,313 SF Medical Office for Lease
      496 Altapass Hwy, Spruce Pine, NC 28777
      View Details
    • $16 SF/Yr
      1,514 SF

      Spruce Pine Medical Office Space

      1,514 SF Medical Office for Lease
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      View Details
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    44 Stroup Rd
    Spruce Pine, NC 28777
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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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