178 SocoMaggie Valley, NC 28751

  • Hotels
  • 7,920 SF
Off market
$25,147,280 Estimated

Property Details for 178 Soco

Year built
1964
Lot size
2.51 AC
Property size (Sq ft)
7,920 SF
Zone code
MC-1
Property type
Hotels
Property subtype
Motels
APN
8606-09-7313
APU
8606097313

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,301,420
    6.5%
    $2,124,388
    7%
    $1,972,646
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,532,326
    Geo Method
    $1,532,326
  • Alternative Use

    Use
    Valuation
    Residential
    $2,319,214
    Hospitality
    $2,124,388
    Educational
    $1,767,466
    Medical
    $1,828,252
    Retail
    $2,749,391

Location Insight

City
Maggie Valley
County
Haywood
State
North Carolina
Latitude
35.5224
Longitude
-83.0314
CBSA code
11700
CBSA name
ASHEVILLE, 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
2022
-
$295,200
$328,300
$623,500
-
$295,200
$328,300
$623,500

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