381 Meadowview DrBoone, NC 28607

Property Details for 381 Meadowview Dr

Year built

2003

Lot size

0.79 AC

Property size (Sq ft)

564 SF

Zone code

BOB3

Property type

Medical offices

Property subtype

Medical centers

APN

2910-41-2870-000

APU

2910412870000

Description

This exceptional 2,266 sq ft commercial property in Boone, NC, sits on a 0.79-acre lot and offers a blend of functionality and charm. Currently configured as a medical office, it features a welcoming reception area, patient waiting room, five patient rooms, a private office, and a fully equipped kitchen. Several bonus rooms provide additional flexibility for various uses, such as additional med rooms, labs, or storage. The property is ADA accessible and boasts ample parking. Its B3 general business zoning allows for a range of commercial ventures. The serene setting, combined with Boone's vibrant community, makes this an ideal location for owner-occupants or investors seeking a versatile and adaptable space. The thoughtful design and current use highlight its suitability for professional practices, while the adaptable layout presents opportunities for diverse commercial uses. This property offers a unique combination of convenience, functionality, and a desirable location in the heart of Boone.

• CAP approach

  CAP return

  Valuation

  6%

  $149,353

  6.5%

  $137,865

  7%

  $128,017

• Comparable approach

  Method

  Valuation

  Relative Method

  $95,507.80

  Geo Method

  $95,507.80

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $261,838

  Retail / Commercial

  $136,146

  Mixed-Use / Specialty

  $137,139

  Hospitality / Lodging

  $102,540

  Institutional / Educational

  $143,098

  Residential Income

  $167,425

  Multifamily

  $192,602

  Automotive / Energy

  $122,655

  Parking / Income-Based Land

  $40,866

  Restaurant / Food Service

  $74,482.90

  Healthcare / Senior Housing

  $139,117

Location Insight

City

Boone

County

Watauga

State

North Carolina

Latitude

36.1991

Longitude

-81.6629

CBSA code

14380

CBSA name

BOONE, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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