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    Property profile & analytics

    Spruce Pine, NC 28777

    • Strip malls
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 01, 2022
    Location Intelligence
    Property ID
    US53-3533636
    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

    • Strip malls

    Property Details

    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    0799-03-22-1429
    APU
    79903221429

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spruce Pine
    County
    Mitchell
    State
    North Carolina
    Longitude
    -82.0656
    Latitude
    35.8899

    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
    $5,439
    $0.00
    $971,300
    $971,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $355,000
      11.62 Acres

      12081 226th Hwy

      SHOPPING CENTER, STRIP CENTER • 11.62 Acres
      12081 226th Hwy, Spruce Pine, NC 28777-8909
      View Details
    • Value Estimation by Request
      14,455 SF

      13780S 226 Hwy

      Lifestyle centers • 14,455 SF
      13780S 226 Hwy, Spruce Pine, NC 28777
      View Details
    • Value Estimation by Request
      9.12 Acres

      12019 226th Hwy

      MINI-MALL • 9.12 Acres
      12019 226th Hwy, Spruce Pine, NC 28777-8909
      View Details
    • Value Estimation by Request
      0.04 Acres

      Oak Ave

      PARKING GARAGE, PARKING STRUCTURE • 0.04 Acres
      Oak Ave, Spruce Pine, NC 28777
      View Details
    • Value Estimation by Request
      0.63 Acres

      12424 226th Hwy

      RETAIL STORES (PERSONAL SERVICES) • 0.63 Acres
      12424 226th Hwy, Spruce Pine, NC 28777-8906
      View Details
    • Value Estimation by Request
      1,008 SF

      612 Oak Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,008 SF
      612 Oak Ave, Spruce Pine, NC 28777-2808
      View Details

    Similar Nearby for Sale

    • $460,000
      1,217 SF

      Spruce Pine Mixed-Use Property

      High-traffic location, owner financing available.
      14622 226 Hwy, Spruce Pine, NC 28777
      View Details
    • $776,160
      27.72 Acres

      Prime Appalachian Land with Views

      Estate-ready land with vast mountain views near Spruce Pine, NC.
      Arrowhead Ridge Rd, Spruce Pine, NC 28777
      View Details
    • $139,000
      1.21 Acres

      Mountain View Land in Spruce Pine

      1.212-acre lot with mountain and pond views in Summit View.
      3 Smt Vw Pkwy, Spruce Pine, NC 28777
      View Details
    • Contact for pricing
      1.74 Acres

      Spruce Pine Land For Sale

      1.74 acre lot in gated mountain community.
      Damselfly Ct Lot, Spruce Pine, NC 28777
      View Details
    • $68,900
      1.00 Acre

      Spruce Pine Acreage Near Lake

      One-acre lot near Swiss Pine Lake with creek access.
      Swiss Pine Lake Dr, Spruce Pine, NC 28777
      View Details
    • $125,000
      1.05 Acres

      Spruce Pine Land with Views

      Residential land with mountain views and easy access in Spruce Pine.
      Smt Vw Pkwy, Spruce Pine, NC 28777
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      5,313 SF

      Spruce Pine Medical Office Building

      5,313 SF Medical Office for Lease
      496 Altapass Hwy, Spruce Pine, NC 28777
      View Details
    • $16 SF/Yr
      1,514 SF

      Spruce Pine Medical Office Space

      1,514 SF Medical Office for Lease
      36 Hospital Dr, Spruce Pine, NC 28777
      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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