Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    45 Jackalopes Way Banner Elk, NC 28604

    • Hotels
    • 6,676 SF
    • 2.92 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 02, 2020
    $29,500
    Location Intelligence
    Property ID
    US53-3559832
    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

    • Hotels

    Property Details for 45 Jackalopes Way

    Year built
    1985
    Construction
    CONCRETE BLOCKS
    Lot size
    2.92 lot acres
    Property size
    6,676 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    18590926287300000
    APU
    18590926287300000

    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
    -81.8726
    Latitude
    36.1807

    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
    $1,530
    $267,800
    $114,700
    $382,500
    -
    $267,800
    $114,700
    $382,500

    Comparable in this City

    • Value Estimation
      $485,000
      11,020 SF

      194 Haw Rdg Ofc Hwy

      HOTEL/MOTEL • 11,020 SF
      194 Haw Rdg Ofc Hwy, Banner Elk, NC 28604-4800
      View Details
    • Value Estimation
      $785,000
      44,983 SF

      1615 Tynecastle Hwy

      HOTEL/MOTEL • 44,983 SF
      1615 Tynecastle Hwy, Banner Elk, NC 28604-9708
      View Details
    • Value Estimation
      $765,000
      7,878 SF

      875 Main W St

      HOTEL/MOTEL • 7,878 SF
      875 Main W St, Banner Elk, NC 28604-7719
      View Details
    • Value Estimation
      $580,000
      17,839 SF

      606 Beech Mtn Pkwy

      HOTEL/MOTEL • 17,839 SF
      606 Beech Mtn Pkwy, Beech Mountain, NC 28604-8014
      View Details
    • Value Estimation by Request
      462 SF

      11914 Nc Hwy 105th S

      HOTEL • 462 SF
      11914 Nc Hwy 105th S, Seven Devils, NC 28604-8667
      View Details
    • Value Estimation by Request
      225 SF

      700 Beech Mtn Pkwy

      HOTEL • 225 SF
      700 Beech Mtn Pkwy, Beech Mountain, NC 28604-8015
      View Details

    Similar Nearby for Sale

    • New
      $11,500,000
      241.00 Acres

      Mountain Top Resort Development Land

      241+/- acre mountain top ideal for resort development.
      Dobbin Rd, Banner Elk, NC 28604
      View Details
    • $30,000
      0.35 Acres

      Land Near Beech Mountain Club

      Gentle uphill lot near golf and recreation.
      106 Woodridge Rd, Beech Mountain, NC 28604
      View Details
    • Contact for pricing
      0.33 Acres

      Beech Mountain Buildable Lot

      0.33 acre lot in Buckeye Recreation/Shane Park area.
      118 Deergrass Rd, Beech Mountain, NC 28604
      View Details
    • $159,000
      3.18 Acres

      Land with Mountain Views

      3.18 acre lot near Boone and Banner Elk, NC.
      Cut Laurel Ln, Banner Elk, NC 28604
      View Details
    • $199,000
      2.49 Acres

      Land with Mountain Views

      Gently sloping lot with mountain views in gated community.
      11 Monteagle Rd, Banner Elk, NC 28604
      View Details
    • $34,900
      1.63 Acres

      Land with Mountain Views

      1.63 acre homesite with views, easy access.
      Tbd Nettles Rdg #38R Rdg Hunter's, Banner Elk, NC 28604
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    45 Jackalopes Way
    Banner Elk, NC 28604
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.