23175 Hwy 221N, NC

  • Retail properties
  • 3,858 SF
Off market
$258,920 Estimated

Property Details for 23175 Hwy 221

Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Property size (Sq ft)
3,858 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
1821-00-96-0790
APU
182100960790

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,094,392
    6.5%
    $1,010,208
    7%
    $938,050
  • Comparable approach

    Method
    Valuation
    Relative Method
    $800,425
    Geo Method
    $800,425
  • Alternative Use

    Use
    Valuation
    Residential
    $852,148
    Hospitality
    $780,563
    Educational
    $649,420
    Medical
    $671,754
    Retail
    $1,010,208
23175 Hwy 221, N, North Carolina

Location Insight

City
N
County
Mcdowell
State
North Carolina
Latitude
35.9589
Longitude
-81.9429
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
$1,781
$100,000
$158,920
$258,920
-
$100,000
$158,920
$258,920

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