433 PalmerFranklin, NC 28734

  • Hospitality properties
  • 3,958 SF
Off market
$5,810,950 Estimated

Property Details for 433 Palmer

Year built
1938
Construction
CONCRETE BLOCKS
Lot size
0.58 AC
Property size (Sq ft)
3,958 SF
Zone code
FC1
Property type
Hospitality properties
Property subtype
Motels
APN
6595204190
APU
6595204190

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,150,129
    6.5%
    $1,061,657
    7%
    $985,825
  • Comparable approach

    Method
    Valuation
    Relative Method
    $765,776
    Geo Method
    $765,776
  • Alternative Use

    Use
    Valuation
    Residential
    $1,159,021
    Hospitality
    $1,061,657
    Educational
    $883,286
    Medical
    $913,664
    Retail
    $1,374,001
433 Palmer, Franklin, North Carolina

Location Insight

City
Franklin
County
Macon
State
North Carolina
Latitude
35.1823
Longitude
-83.3773

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
$3,931
$350,900
$189,310
$540,210
-
$350,900
$189,310
$540,210

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