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    The Largest CRE Database in the US with Over 1 Million Listings

    Mark Rogers, Mount Airy, NC

    License ID: 67378
    Rogers Realty & Auction Co., Inc.
    Years of Experience
    16

    Service Locations

    Contact details

    Phone:
    (336) 409-2272

    Property Types

    • Commercial Lease
    • Commercial Sale
    • Land

    Performance

    Listings
    29
    Total transactions
    119
    Total transactions amount
    $31M
    Price range
    $174k - 392k
    Average price
    $261k

    Listings

    For Sale (28)

    View map
    • Contact for pricing
      1.53 Acres

      Wooded Homesite Near Dobson, NC

      1.53-acre wooded homesite with paved road access near Dobson, NC.
      11 Fisher Valley Rd, Dobson, NC 27017
      View Details
    • Contact for pricing
      Pending

      Wooded Corner Lot Near Parkway

      Wooded corner lot near amenities and Blue Ridge Parkway.
      Cascade Mtn, Fancy Gap, VA 24317
      View Details
    • Contact for pricing
      Pending

      Land in Cascade Mountain Resort

      Residential lot in Cascade Mountain Resort near Blue Ridge Parkway.
      N Ledge Trl, Fancy Gap, VA 24328
      View Details
    • Contact for pricing
      Pending

      Land in Cascade Mountain Resort

      Lot in Cascade Mountain Resort near Blue Ridge Parkway.
      Briar Rock Trl, Fancy Gap, VA 24328
      View Details
    • $1,750,000
      1.70 Acres

      High-Profile Location in Mount Airy

      Large building on 1.7 acres, walkable to business district.
      319 N Renfro St, Mount Airy, NC 27030
      View Details
    • $1,287,000
      39,000 SF

      Versatile Mixed-Use Facility

      Historic charm meets modern amenities in Pilot Mountain's premier mixed-use facility.
      612 E Main St, Pilot Mountain, NC 27041
      View Details
    • Contact for pricing
      1.38 Acres

      Wooded Homesite Near I-77

      1.375 acre wooded homesite with septic permit near I-77.
      10 Fisher Valley Rd, Dobson, NC 27017
      View Details
    • Contact for pricing
      1.31 Acres

      Residential Land in Dobson, NC

      Over an acre to build your dream home in the country.
      9 Fisher Valley Rd, Dobson, NC 27017
      View Details
    • Contact for pricing
      1.40 Acres

      Residential Land in Dobson, NC

      1.402 acre residential land suitable for manufactured homes or construction.
      15 Fisher Valley Rd, Dobson, NC 27017
      View Details
    • Contact for pricing
      1.49 Acres

      Wooded Homesite Near Fisher River

      1.489 acre wooded homesite near Fisher River in Dobson, NC.
      13 Fisher Valley Rd, Dobson, NC 27017
      View Details
    • Contact for pricing
      1.38 Acres

      Homesite Near Dobson and Mt. Airy

      Wooded homesite near Dobson and Mt. Airy, North Carolina.
      14 Fisher Valley Rd, Dobson, NC 27017
      View Details
    • Contact for pricing
      1.63 Acres

      Wooded Homesite Near Dobson, NC

      1.6 acre wooded homesite near Dobson, Mt. Airy, and Elkin.
      12 Fisher Valley Rd, Dobson, NC 27017
      View Details
    • $495,000
      5,800 SF

      Versatile Building in Mount Airy

      5,800+- sqft building on 2.65+- acres in Mount Airy.
      2280 Fancy Gap Rd, Mount Airy, NC 27030
      View Details
    • $255,000
      20.72 Acres

      Pfafftown Land with Creek Frontage

      20.72 acres in Pfafftown with creek and road frontage.
      River Ridge Rd, Pfafftown, NC 27040
      View Details
    • $149,900
      1.15 Acres

      Dobson, NC Development Land

      1.15 acre development land in the heart of Dobson, NC.
      503 W Kapp St, Dobson, NC 27017
      View Details
    • $450,000
      32.90 Acres

      Dobson, NC Acreage For Sale

      32.9+- acres in Dobson, NC, near courthouse and retail.
      Main St, Dobson, NC 27017
      View Details
    • $120,000
      11.85 Acres

      Mount Airy Land Parcel

      Residential land near town, ideal for building a dream home.
      0000 Lynnhaven Rd, Mount Airy, NC 27030
      View Details
    • $399,000
      0.73 Acres

      Prime Downtown Mount Airy Land

      Level corner lot in thriving downtown Mount Airy.
      207 E Oak St, Mount Airy, NC 27030
      View Details
    • Contact for pricing
      0.30 Acres

      Residential Lot in Cascade Mountain

      Lot in Cascade Mountain Resort, suitable for building a home.
      North Ledge Trl, Fancy Gap, VA 24328
      View Details
    • Contact for pricing
      0.30 Acres

      Residential Lot in Cascade Mountain

      Residential lot for sale in Cascade Mountain gated community.
      Tbd Briar Rock Trl, Fancy Gap, VA 24328
      View Details
    • $1,250,000
      24.86 Acres

      Mount Airy Industrial Land Available

      24.86 acres of industrial land with shop building for sale.
      238 Old Highway 601, Mount Airy, NC 27030
      View Details
    • New
      $1,600,000
      7,500 SF

      Mount Airy Office Building For Sale

      7,500 SF office building in the heart of Mount Airy.
      199 Renfro St, Mount Airy, NC 27030
      View Details
    • New
      $350,000
      1,500 SF

      Mount Airy Office Building For Sale

      Office building in Mt. Airy's business district.
      165 Renfro St, Mount Airy, NC 27030
      View Details
    • $195,000
      79.00 Acres

      79 Acres of Recreational Land

      Undeveloped land with streams, timber, and wildlife near Cana.
      Rocky Ford Rd, Cana, VA 24317
      View Details
    • $695,000
      1.35 Acres

      Mount Airy Industrial Land - $695K

      Prime 1.35-acre industrial lot, ideal for development.
      0 Pine St, Mount Airy, NC 27030
      View Details
    • $170,000
      1.15 Acres

      Dobson Commercial Land - 1.15 Acres

      Prime Commercial Lot, Dobson, NC
      503 Kapp St, Dobson, NC 27017
      View Details
    • $350,000
      2.80 Acres

      Dobson, NC Commercial Land Investment

      Prime 2.8-acre commercial lot, ideal development.
      0 Woltz St, Dobson, NC 27017
      View Details
    • $490,000
      32.90 Acres

      Main Street Dobson Land

      32.9 Acres, Prime Development Opportunity
      0 Main St, Dobson, NC 27017
      View Details

    For Lease (1)

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    • Contact for pricing

      Mount Airy Retail Space Available

      Retail space for lease near Mt. Airy High School.
      527 Lebanon St, Mount Airy, NC 27030
      View Details

    Leases and Sales on Map

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    • For Lease

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    Mark Rogers, Mount Airy, NC
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Mark Rogers, Mount Airy, NC
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