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    Property profile & analytics

    4869 Us Hwy 421st N Vilas, NC 28692-9488

    • Retail space
    • 7,000 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Location Intelligence
    Property ID
    US53-2531013
    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

    • Retail space

    Property Details for 4869 Us Hwy 421st N

    Year built
    1976
    Lot size
    0.65 lot acres
    Property size
    7,000 SF
    Property type
    Retail space
    APN
    1981-86-4854-000
    APU
    1981864854000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $460,000

    • CAP approach

      CAP return
      Estimation
      6%
      $625,000
      6.5%
      $605,000
      7%
      $675,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $615,000
      Geo Method
      $585,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $560,000
      Retail
      $550,000
      Mixed-Use
      $640,000
      Hospitality
      $555,000
      Educational
      $590,000
      Residential Income
      $580,000
      Energy
      $680,000
      Income-Based Land
      $495,000
      Food Service
      $665,000

    Location Insight

    • Map
    • Local Demand
    City
    Vilas
    County
    Watauga
    State
    North Carolina
    Longitude
    -81.7518
    Latitude
    36.2383
    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
    $20,300
    $471,990
    $492,290
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $495,000
      3,240 SF

      5014 Nc Hwy 105th S

      RETAIL STORES (PERSONAL SERVICES) • 3,240 SF
      5014 Nc Hwy 105th S, Vilas, NC 28692-9015
      View Details
    • Value Estimation by Request
      972 SF

      5015 Us Hwy 421st N

      RETAIL STORES (PERSONAL SERVICES) • 972 SF
      5015 Us Hwy 421st N, Vilas, NC 28692-9671
      View Details
    • Value Estimation by Request
      2,022 SF

      226 Bairds Crk Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,022 SF
      226 Bairds Crk Rd, Vilas, NC 28692
      View Details
    • Value Estimation by Request
      4,140 SF

      8483 Us Hwy 421st N

      RETAIL STORES (PERSONAL SERVICES) • 4,140 SF
      8483 Us Hwy 421st N, Vilas, NC 28692-9041
      View Details
    • Value Estimation
      $380,000
      1,256 SF

      5034 Us Hwy 421st N

      RETAIL STORES (PERSONAL SERVICES) • 1,256 SF
      5034 Us Hwy 421st N, Vilas, NC 28692-9490
      View Details
    • Value Estimation
      $455,000
      2,000 SF

      6181 Us Hwy 421st N

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      6181 Us Hwy 421st N, Vilas, NC 28692-0500
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.93 Acres

      Vilas, NC Land Opportunity

      Land in gated community, short/long term rentals allowed.
      27 Lost Ridge Trl, Vilas, NC 28692
      View Details
    • $135,000
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      Vilas Land with Mountain Views

      1.08-acre lot near Boone with seasonal mountain views.
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    • $200,000
      3.00 Acres

      Land in Cove Creek

      Approximately 3-acre tract in Cove Creek, ready for your dream home.
      Tbd Laurel Br Rd, Vilas, NC 28692
      View Details
    • $125,000

      Cove Creek Fishing Enclave

      Over five acres on Fletcher Branch and Cove Creek.
      3 Old Barn Rd, Vilas, NC 28692
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    • $45,000

      Land with Creek Frontage

      Recreational land featuring creek frontage in a quiet development.
      5 Old Barn Rd, Vilas, NC 28692
      View Details
    • New
      $124,999
      5.83 Acres

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      Three combined lots suitable for tiny homes and rentals.
      10-11-12 Yasmine Ln, Vilas, NC 28692
      View Details
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    Vilas, NC 28692-9488
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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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