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    Property profile & analytics

    641 Willow Crk Rd Leicester, NC 28748-5646

    • Assisted living facilities
    • 1,296 SF
    • 40.81 lot acres
    OFF-MARKET
    Value Estimation
    $1,935,000
    Last Sale
    Jun 22, 2020
    $2,140,000
    Location Intelligence
    Property ID
    US53-4902553
    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

    • Assisted living facilities

    Property Details for 641 Willow Crk Rd

    Year built
    1973
    Lot size
    40.81 lot acres
    Property size
    1,296 SF
    Zone code
    DEED DATE:06/22/2020 DEED
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    8760-16-8097-00000
    APU
    876016809700000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,910,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,115,000
      6.5%
      $1,935,000
      7%
      $2,005,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,910,000
      Geo Method
      $2,210,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,935,000
      Retail
      $1,780,000
      Mixed-Use
      $2,040,000
      Hospitality
      $1,885,000
      Educational
      $2,115,000
      Residential Income
      $1,960,000
      Energy
      $1,860,000
      Income-Based Land
      $2,080,000
      Food Service
      $1,980,000

    Location Insight

    • Map
    • Local Demand
    City
    Leicester
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.8309
    Latitude
    35.6297
    CBSA code
    11700
    CBSA name
    ASHEVILLE, NC METROPOLITAN 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
    2024
    $10,370
    $0.00
    $0.00
    $1,576,200
    -
    $352,300
    $1,223,900
    $1,576,200

    Comparable in this City

    • Value Estimation by Request
      4,902 SF

      44 Georgetown Dr

      HOMES (RETIRED, NURSING) • 4,902 SF
      44 Georgetown Dr, Leicester, NC 28748-9730
      View Details
    • Value Estimation
      $2,030,000
      2,924 SF

      11 Elim Rd

      HOMES (RETIRED, NURSING) • 2,924 SF
      11 Elim Rd, Leicester, NC 28748-0287
      View Details
    • Value Estimation
      $240,000
      2,748 SF

      235 Country Time Ln

      HOMES (RETIRED, NURSING) • 2,748 SF
      235 Country Time Ln, Leicester, NC 28748-6213
      View Details
    • Value Estimation
      $2,020,000
      2,620 SF

      230 Country Time Ln

      HOMES (RETIRED, NURSING) • 2,620 SF
      230 Country Time Ln, Leicester, NC 28748-6213
      View Details
    • Value Estimation
      $235,000
      2,924 SF

      8 Elim Rd

      HOMES (RETIRED, NURSING) • 2,924 SF
      8 Elim Rd, Leicester, NC 28748-0287
      View Details
    • Value Estimation by Request
      1.86 Acres

      202 Walnut Brk Dr

      MOBILE HOME PARK, TRAILER PARK • 1.86 Acres
      202 Walnut Brk Dr, Leicester, NC 28748-0270
      View Details

    Similar Nearby for Sale

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      28.18 Acres

      28.18 Acres in Leicester, NC

      28.18 acres perfect for a family compound, ranch, or farm.
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      View Details
    • $1,799,000
      202 SF

      202-Acre Estate with Vineyards

      Secluded estate featuring homes, ponds, and vineyard potential.
      8749 Nc 63 Hwy, Leicester, NC 28748
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    • $79,000
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      Land with Mountain Views

      5.11 acre lot ready for your dream home.
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    • New
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      2.5-acre lot with long-range views in a conservation community.
      650 Freemont St, Leicester, NC 28748
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    • $110,000
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      Land with Mountain Views

      Land near Asheville with mountain views and building potential.
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      65+ acres in Leicester with long-range mountain views.
      99999 Hookers Gap Rd, Leicester, NC 28748
      View Details
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    Leicester, NC 28748-5646
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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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