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    Property profile & analytics

    5862 Old 421st S Deep Gap, NC 28618-8925

    • Retail space
    • 984 SF
    • 1.06 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 23, 2022
    $1,540,000
    Location Intelligence
    Property ID
    US53-2811820
    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 5862 Old 421st S

    Year built
    1950
    Lot size
    1.06 lot acres
    Property size
    984 SF
    Property type
    Retail space
    APN
    2941-94-3407-000
    APU
    2941943407000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Deep Gap
    County
    Watauga
    State
    North Carolina
    Longitude
    -81.5455
    Latitude
    36.2362
    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
    $40,000
    $36,530
    $76,530
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $365,000
      960 SF

      6639 Old 421st S

      RETAIL STORES (PERSONAL SERVICES) • 960 SF
      6639 Old 421st S, Deep Gap, NC 28618
      View Details
    • Value Estimation by Request
      3,200 SF

      5817 Old 421st S

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      5817 Old 421st S, Deep Gap, NC 28618
      View Details
    • Value Estimation by Request
      1,950 SF

      6484 Old 421st S

      RETAIL STORES (PERSONAL SERVICES) • 1,950 SF
      6484 Old 421st S, Deep Gap, NC 28618-8904
      View Details
    • Value Estimation by Request
      3,132 SF

      139 V L Moretz Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,132 SF
      139 V L Moretz Rd, Deep Gap, NC 28618
      View Details
    • Value Estimation by Request
      2,700 SF

      250 Bridle Crk Trl

      RETAIL STORES (PERSONAL SERVICES) • 2,700 SF
      250 Bridle Crk Trl, Deep Gap, NC 28618-8103
      View Details
    • Value Estimation by Request
      1,260 SF

      6443 Old 421st S

      RETAIL STORES (PERSONAL SERVICES) • 1,260 SF
      6443 Old 421st S, Deep Gap, NC 28618
      View Details

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    Deep Gap, NC 28618-8925
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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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