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    Property profile & analytics

    Boone, NC 28607

    • Commercial land
    • 1.87 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 17, 2023
    $3,000,000
    Location Intelligence
    Property ID
    US53-3306106
    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

    • Commercial land

    Property Details

    Lot size
    1.87 lot acres
    Zone code
    BOB3
    Property type
    Commercial land
    APN
    2920-29-5940-000
    APU
    2920295940000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boone
    County
    Watauga
    State
    North Carolina
    Longitude
    -81.6361
    Latitude
    36.2219
    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
    $478,200
    $0.00
    $478,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.20 Acres

      243 Old E King St

      VACANT COMMERCIAL LAND • 0.20 Acres
      243 Old E King St, Boone, NC 28607-4349
      View Details
    • Value Estimation by Request
      0.97 Acres

      Boone, NC 28607

      VACANT COMMERCIAL LAND • 0.97 Acres
      Boone, NC 28607
      View Details
    • Value Estimation by Request
      1.00 Acre

      Boone, NC 28607

      VACANT COMMERCIAL LAND • 1.00 Acre
      Boone, NC 28607
      View Details
    • Value Estimation by Request
      0.32 Acres

      Boone, NC 28607

      VACANT COMMERCIAL LAND • 0.32 Acres
      Boone, NC 28607
      View Details
    • Value Estimation by Request
      0.13 Acres

      Boone, NC 28607

      VACANT COMMERCIAL LAND • 0.13 Acres
      Boone, NC 28607
      View Details
    • Value Estimation by Request
      0.39 Acres

      Boone, NC 28607

      VACANT COMMERCIAL LAND • 0.39 Acres
      Boone, NC 28607
      View Details

    Similar Nearby for Sale

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    • $227,500
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      Commercial Lot with Highway Frontage

      Commercial lot with high visibility and significant traffic count.
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      Commercial Land on US Hwy 421

      4.6 acre commercial development tract with high visibility.
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    Similar Nearby for Lease

    • Contact for pricing

      Boone Retail Pad - High Traffic Area

      Prime location, strong tenant mix, 0.75 acres.
      0 New Market Ctr, Boone, NC 28607
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      55,650 SF

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      High-traffic retail space near Appalachian State.
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      3,030 SF

      Rivers Walk Office Suites in Boone, NC

      Modern Boone Office Space, Multiple Suites Available
      144 Poplar Grove Rd, Boone, NC 28607
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    • Contact for pricing

      Premier Retail Destination in Boone

      Retail space available in Boone's premier shopping center.
      New Market Ctr, Boone, NC 28607
      View Details
    • Contact for pricing
      12,908 SF

      Boone Office Space Available

      Modern Boone office suites, various sizes.
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      View Details
    • $15 SF/Yr
      4,486 SF

      229 Nc-105 Ext

      Medical offices • 2.55 Acres
      229 Nc-105 Ext, Boone, NC 28607
      View Details
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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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