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    Property profile & analytics

    Commerce St Old Fort, NC 28762

    • Commercial land
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 16, 2022
    Location Intelligence
    Property ID
    US53-0311628
    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 for Commerce St

    Lot size
    0.60 lot acres
    Property type
    Commercial land
    APN
    0659-06-38-3858
    APU
    65906383858

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Old Fort
    County
    Mcdowell
    State
    North Carolina
    Longitude
    -82.1871
    Latitude
    35.6286
    CBSA code
    32000
    CBSA name
    MARION, 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
    2023
    $49
    $7,500
    $0.00
    $7,500
    -
    $7,500
    $0.00
    $7,500

    Comparable in this City

    • Value Estimation by Request
      0.06 Acres

      Commerece St

      VACANT COMMERCIAL LAND • 0.06 Acres
      Commerece St, Old Fort, NC 28762
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    • Value Estimation by Request
      1.93 Acres

      Old Fort, NC 28762

      VACANT COMMERCIAL LAND • 1.93 Acres
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    • Value Estimation by Request
      0.45 Acres

      Water St

      VACANT COMMERCIAL LAND • 0.45 Acres
      Water St, Old Fort, NC 28762
      View Details
    • Value Estimation by Request
      0.16 Acres

      5656 Us 70th W

      VACANT COMMERCIAL LAND • 1,278 SF
      5656 Us 70th W, Old Fort, NC 28762-8609
      View Details
    • Value Estimation by Request
      1.53 Acres

      611 Bat Cave Rd

      VACANT COMMERCIAL LAND • 1.53 Acres
      611 Bat Cave Rd, Old Fort, NC 28762-0076
      View Details
    • Value Estimation by Request
      5.54 Acres

      Bat Cave Rd

      VACANT COMMERCIAL LAND • 1,032 SF
      Bat Cave Rd, Old Fort, NC 28762
      View Details

    Similar Nearby for Sale

    • $499,900
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    • $499,900
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      Land Near Catawba River

      1.53 acre lot near I-40 and Catawba River.
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      4.07 Acres

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      Two-acre lot in gated community near Asheville.
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      Land in Gateway Mountain

      4.52-acre lot in a gated community with mountain views.
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    • $129,000
      18.18 Acres

      Old Fort Land Parcel

      Private 18.18-acre parcel in Old Fort, North Carolina.
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    Similar Nearby for Lease

    • $20 SF/Yr
      1,800 SF

      Old Fort Retail Space - I-40 Exit 73

      Prime QSR Location, New Construction, 1800 sq ft
      573 Bat Cave Rd, Old Fort, NC 28762
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    • $4 SF/Yr
      56,100 SF

      Industrial Space Near Transportation Hub

      Industrial park with semi-truck access, near I-40 and rail.
      144 Water St, Old Fort, NC 28762
      View Details
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    Commerce St
    Old Fort, NC 28762
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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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