565 George Wilson Rd Boone, NC 28607-8612
Property Lookup
Property profile & analytics
565 George Wilson Rd Boone, NC 28607-8612
- Day care centers
- 1,350 SF
- 1.90 lot acres
Property ID
US53-2584958
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.
Location Intelligence
Current Use by Public Records
- Lynhill Day Care & Development Center / Daycare Center
Property Details for 565 George Wilson Rd
- Year built
- 1985
- Lot size
- 1.90 lot acres
- Property size
- 1,350 SF
- Zone code
- BOB3
- Property type
- Day care centers
- APN
- 1991-90-6168-000
- APU
- 1991906168000
Description
This exceptional commercial property at 565 George Wilson Road, Boone, NC, presents a lucrative investment opportunity. The 6,550 square foot building sits on a 1.9-acre lot, boasting approximately 170 feet of frontage on a state-maintained paved road, providing easy access to Highways 421 and 105. Currently operating as a successful daycare/pre-school under lease until 2029, this property is ideal for passive investors seeking high returns. The existing lease offers an estimated cap rate of around 8%. The main level comprises eight classrooms, a full kitchen, office space, bathroom, storage, and a utility room. Many classrooms include integrated sinks and/or toilets. The upper level, offering over 1,900 square feet, is currently divided into two suites. Suite 1 is configured as a two-bedroom, one-bathroom unit with a full kitchen and living area. Suite 2 is used for storage but has the potential to be converted into a similar two-bedroom, one-bathroom unit. Ample paved parking is available on-site. The property's proximity to Appalachian State University and downtown Boone (less than 3 miles) adds to its desirability and potential for future growth. This is a rare chance to acquire a well-established, income-generating property in a thriving location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $580,000
- ML approach
- $575,000
-
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $680,000
- OFFICE BUILDING
- $390,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Boone
- County
- Watauga
- State
- North Carolina
- Longitude
- -81.7131
- Latitude
- 36.221
- 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
$265,500
$339,490
$604,990
-
$0.00
$0.00
$0.00
