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Financial
Distress signals
Property profile

506 King St Boone, NC 28607

OFF-MARKET
Turn key restaurants
Property ID
US53-2756211
1,126 SF 0.36 ac lot Built 1950
Last sale Mar 2011 · $385,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$654k
Assessed land$455k
Assessed improvement$199k

Value estimate

· Oct 2026
$405k
$365k – $446k
AI approach$405k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BOB1
JurisdictionWATAUGA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office9.6
Hair Salon9.2
Convenience Store9.0

Location

506 King St Boone, NC 28607-3535
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4912 Us Hwy 421st S, Boone, NC 28607-7314 $900,000 Feb 2025 1,000 SF
1321 Blowing Rock, Boone, NC 28607-6138 $410,000 Mar 2024 990 SF
267 Howard, Boone, NC 28607-4011 $375,000 Jul 2023 916 SF
1651 Nc Hwy 194th N, Boone, NC 28607-6788 $700,000 Mar 2023 1,350 SF
126 Taylor, Boone, NC 28607-6819 $345,000 Feb 2022 1,172 SF
1950 Blowing Rock, Boone, NC 28607-6150 $1,176,000 Jul 2021 1,384 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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