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    Property profile & analytics

    Farm Rd Banner Elk, NC 28604

    • Warehouses
    • 1,770 SF
    • 1.57 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-3465717
    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

    • Warehouses

    Property Details for Farm Rd

    Year built
    2002
    Construction
    CONCRETE BLOCKS
    Lot size
    1.57 lot acres
    Property size
    1,770 SF
    Property type
    Warehouses
    APN
    18590097001600000
    APU
    18590097001600000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Banner Elk
    County
    Avery
    State
    North Carolina
    Longitude
    -81.774
    Latitude
    36.1541

    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
    $258
    $46,200
    $18,300
    $64,500
    -
    $46,200
    $18,300
    $64,500

    Comparable in this City

    • Value Estimation by Request
      6,000 SF

      2220 Tynecastle Hwy

      WAREHOUSE, STORAGE • 6,000 SF
      2220 Tynecastle Hwy, Banner Elk, NC 28604
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    • Value Estimation
      $425,000
      6,000 SF

      Berry Rd

      WAREHOUSE, STORAGE • 6,000 SF
      Berry Rd, Banner Elk, NC 28604
      View Details
    • Value Estimation
      $450,000
      8,710 SF

      235 Clubhouse Dr

      WAREHOUSE, STORAGE • 8,710 SF
      235 Clubhouse Dr, Banner Elk, NC 28604
      View Details
    • Value Estimation
      $715,000
      5,220 SF

      84 Eagles Nest Trl

      WAREHOUSE, STORAGE • 5,220 SF
      84 Eagles Nest Trl, Banner Elk, NC 28604-6078
      View Details
    • Value Estimation
      $395,000
      2,400 SF

      9949 Nc Hwy 105th S

      WAREHOUSE, STORAGE • 2,400 SF
      9949 Nc Hwy 105th S, Banner Elk, NC 28604
      View Details
    • Value Estimation
      $350,000
      720 SF

      225 Vineyard Ln

      WAREHOUSE, STORAGE • 720 SF
      225 Vineyard Ln, Banner Elk, NC 28604-8053
      View Details

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    Farm Rd
    Banner Elk, NC 28604
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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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