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    Property profile & analytics

    488 Haywood Rd Sylva, NC 28779

    • Retail space
    • 3,210 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Last Sale
    May 05, 2021
    $300,000
    Location Intelligence
    Property ID
    US53-2388142
    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 488 Haywood Rd

    Year built
    1903
    Lot size
    0.18 lot acres
    Property size
    3,210 SF
    Property type
    Retail space
    APN
    7631-26-9688
    APU
    7631269688

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $300,000
      6.5%
      $315,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $365,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $285,000
      Retail
      $295,000
      Mixed-Use
      $325,000
      Hospitality
      $330,000
      Educational
      $275,000
      Residential Income
      $320,000
      Energy
      $315,000
      Income-Based Land
      $340,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Sylva
    County
    Jackson
    State
    North Carolina
    Longitude
    -83.2513
    Latitude
    35.3701
    CBSA code
    19000
    CBSA name
    CULLOWHEE, 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
    2023
    $1,329
    $151,470
    $198,190
    $349,660
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,670 SF

      91 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,670 SF
      91 Main St, Sylva, NC 28779-2925
      View Details
    • Value Estimation
      $505,000
      3,067 SF

      64 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 3,067 SF
      64 Frnt St, Sylva, NC 28779
      View Details
    • Value Estimation
      $420,000
      1,375 SF

      10 Craft Cir

      RETAIL STORES (PERSONAL SERVICES) • 1,375 SF
      10 Craft Cir, Sylva, NC 28779
      View Details
    • Value Estimation
      $415,000
      2,831 SF

      148 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 2,831 SF
      148 Frnt St, Sylva, NC 28779
      View Details
    • Value Estimation
      $425,000
      512 SF

      27 Church St

      RETAIL STORES (PERSONAL SERVICES) • 512 SF
      27 Church St, Sylva, NC 28779
      View Details
    • Value Estimation
      $470,000
      2,400 SF

      32 Hidden Vly Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      32 Hidden Vly Rd, Sylva, NC 28779-5630
      View Details

    Similar Nearby for Sale

    • $1,250,000
      5,800 SF

      West Main Street Retail Opportunity

      Two buildings with retail and office space on Main Street.
      562 W Main St, Sylva, NC 28779
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      Prime Retail Site in Sylva

      Highly visible retail property on 1.46 acres with city utilities.
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      Move-in ready building suitable for retail, office, or daycare.
      286 Skyland Dr, Sylva, NC 28779
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      Sylva Retail Space - Great Location

      High-traffic retail space, ideal for business.
      286 Skyland Dr, Sylva, NC 28779
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    • $647,190
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      Prime Commercial Land on Highway 441

      9.78 acre commercial tract with high visibility and road frontage.
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    488 Haywood Rd
    Sylva, NC 28779
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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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