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    Property profile & analytics

    Hospital Dr Newland, NC 28657

    • Medical offices
    • 2,286 SF
    OFF-MARKET
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US53-3761823
    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

    • Medical offices

    Property Details for Hospital Dr

    Year built
    1999
    Construction
    ADOBE
    Property size
    2,286 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    18450063326000100
    APU
    18450063326000100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newland
    County
    Avery
    State
    North Carolina
    Longitude
    -81.8884
    Latitude
    36.0602

    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
    $996
    $0.00
    $248,900
    $248,900
    -
    $0.00
    $248,900
    $248,900

    Comparable in this City

    • Value Estimation
      $345,000
      2,600 SF

      436 Hospital Dr, Unit 200

      MEDICAL BUILDING • 2,600 SF
      436 Hospital Dr, Newland, NC 28657-8096
      View Details
    • Value Estimation
      $380,000
      7,172 SF

      Cranberry St

      MEDICAL BUILDING • 7,172 SF
      Cranberry St, Newland, NC 28657
      View Details
    • Value Estimation
      $360,000
      1,109 SF

      434 Hospital Dr

      MEDICAL BUILDING • 1,109 SF
      434 Hospital Dr, Newland, NC 28657-8096
      View Details
    • Value Estimation by Request
      1,066 SF

      Hospital Dr

      MEDICAL BUILDING • 1,066 SF
      Hospital Dr, Newland, NC 28657
      View Details
    • Value Estimation
      $540,000
      3,600 SF

      Hospital Dr

      MEDICAL BUILDING • 3,600 SF
      Hospital Dr, Newland, NC 28657
      View Details
    • Value Estimation
      $420,000
      2,071 SF

      Hospital Dr

      MEDICAL BUILDING • 2,071 SF
      Hospital Dr, Newland, NC 28657
      View Details

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    Hospital Dr
    Newland, NC 28657
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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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