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    Property profile & analytics

    4584 Nc Hwy 194th S Banner Elk, NC 28604-9888

    • Residential income homes
    • 528 SF
    • 2.87 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-3282695
    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

    • Residential income homes

    Property Details for 4584 Nc Hwy 194th S

    Year built
    1911
    Lot size
    2.87 lot acres
    Property size
    528 SF
    Property type
    Residential income homes
    Property subtype
    Serviced apartments
    APN
    1970-83-3258-000
    APU
    1970833258000

    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
    Watauga
    State
    North Carolina
    Longitude
    -81.7851
    Latitude
    36.1998
    CBSA code
    14380
    CBSA name
    BOONE, NC MICROPOLITAN STATISTICAL AREA

    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
    0
    $0.00
    $94,400
    $776,090
    $870,490
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6,116 SF

      140 Mariah Cir

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,116 SF
      140 Mariah Cir, Beech Mountain, NC 28604-8129
      View Details
    • Value Estimation
      $360,000
      2,882 SF

      1064 Shawneehaw Ave

      GARDEN APT, COURT APT (5+ UNITS) • 2,882 SF
      1064 Shawneehaw Ave, Banner Elk, NC 28604
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    • Value Estimation by Request
      1,488 SF

      6680 Hickory Nut Gap Rd

      GARDEN APT, COURT APT (5+ UNITS) • 1,488 SF
      6680 Hickory Nut Gap Rd, Banner Elk, NC 28604-6769
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    • Value Estimation by Request
      2,040 SF

      9392 Nc Hwy 105th S

      APARTMENT HOUSE (5+ UNITS) • 2,040 SF
      9392 Nc Hwy 105th S, Banner Elk, NC 28604-6630
      View Details
    • Value Estimation
      $580,000
      13,080 SF

      5170 Nc Hwy 105th S

      GARDEN APT, COURT APT (5+ UNITS) • 13,080 SF
      5170 Nc Hwy 105th S, Banner Elk, NC 28604-8734
      View Details
    • Value Estimation
      $465,000
      4,392 SF

      195 Beech Hvn Rd

      GARDEN APT, COURT APT (5+ UNITS) • 4,392 SF
      195 Beech Hvn Rd, Banner Elk, NC 28604-8260
      View Details

    Similar Nearby for Sale

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      Commercial building with retail space and apartment rental income.
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    Banner Elk, NC 28604-9888
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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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