579 Greenway RdBoone, NC 28607

  • Medical offices
  • 12,994 SF

Property Details for 579 Greenway Rd

Year built
2007
Lot size
1.76 AC
Property size (Sq ft)
12,994 SF
Zone code
BOB3
Property type
Medical offices
Property subtype
Medical centers
APN
2910-22-4093-000
APU
2910224093000

Description

This exceptional 1,865 square foot office suite is located within the Greenway Commons building at 579 Greenway Road, Suite 102, Boone, NC 28607. Part of a larger 25,000 square foot, two-story building constructed in 2017, this single-tenant space is situated on 1.756 acres of land and offers a flexible open floor plan perfect for customization. The building features one passenger elevator and ample on-site parking, ensuring convenience for both staff and clients. The property benefits from a highly visible location along Greenway Road, a convenient connector to Blowing Rock Road, and is surrounded by established businesses including Blue Ridge Pediatrics, Boone Drug at Greenway, Center Well, and the Boone Area Chamber of Commerce. This prime location within the Boone MSA provides easy access to local amenities. The suite is zoned B-3 General Business by the Town of Boone, offering versatility for a range of professional uses, including medical, traditional office, and executive office spaces. Electricity is provided by New River Light & Power. The property's APN is 2910-22-4093-000. This well-maintained building presents a fantastic opportunity for businesses seeking a thriving and supportive environment in Boone, North Carolina. The space is ready for immediate occupancy and offers the potential for a successful professional operation, whether for a startup or an established firm.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,440,950
    6.5%
    $3,176,260
    7%
    $2,949,390
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,200,400
    Geo Method
    $2,200,400
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $6,032,500
    Retail / Commercial
    $3,136,660
    Mixed-Use / Specialty
    $3,159,550
    Hospitality / Lodging
    $2,362,410
    Institutional / Educational
    $3,296,830
    Residential Income
    $3,857,290
    Multifamily
    $4,437,370
    Automotive / Energy
    $2,825,860
    Parking / Income-Based Land
    $941,511
    Restaurant / Food Service
    $1,716,010
    Healthcare / Senior Housing
    $3,205,120

Location Insight

City
Boone
County
Watauga
State
North Carolina
Latitude
36.1993
Longitude
-81.6692
CBSA code
14380
CBSA name
BOONE, 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
0
-
$611,600
$3,386,140
$3,997,740
-
-
-
-

FAQs

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Please email our support team at [email protected] and they will add the team member.
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