4890 Mineral SpgsMadison, NC 27025

Off market
$13,325,050 Estimated
  • Hotels
  • 6,680 SF

Property Details for 4890 Mineral Spgs

Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.33 AC
Property size (Sq ft)
6,680 SF
Zone code
GENERAL COMM DISTRICT MAD
Property type
Hotels
Property subtype
Motels
APN
7916-20-90-2105-00
APU
79162090210500

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $832,423
    6.5%
    $768,391
    7%
    $713,506
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,992,594
    Geo Method
    $3,603,319
  • Alternative Use

    Use
    Valuation
    Residential
    $838,859
    Hospitality
    $768,391
    Educational
    $639,292
    Medical
    $661,278
    Retail
    $994,454
4890 Mineral Spgs, Madison, North Carolina

Location Insight

City
Madison
County
Rockingham
State
North Carolina
Latitude
36.3843
Longitude
-79.9538
CBSA code
24660
CBSA name
GREENSBORO-HIGH POINT, NC METROPOLITAN 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
$359
$24,275
$929
$25,204
-
$24,275
$929
$25,204

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