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    854 Nc-770 Mayodan, NC

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    For Sale
    $219,500

    Sprawling property with commercial building, residential rentals, and gas tanks.

    Property size:
    3,928 SF
    Lot size:
    3.29 Acres

    Property Features for 854 Nc-770

    General Information

    Size
    3,928 SF
    Lot size
    3.29 Acres

    Source: A New Dawn Realty Agent Dawn Stone

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    3.29 Acre Mixed-Use Property

    This 3.29-acre property features split zoning (Neighborhood Commercial and Residential), offering various possibilities. The property includes a one-level, 3400 square foot concrete block building with unfinished space for additional storage. The main building's roof was replaced in 2023. Most of the equipment conveys with the property. In addition to the main building, there are two mobile homes that provide additional rental income. The site is equipped with one well and three septic systems. There are also two 4,000-gallon gas tanks on the property. The main building has been used as a gas station, grill, and nightclub.
    Location Intelligence

    Current Use by Public Records

    Gas stations

    Map

    City
    Mayodan
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.9669857
    Latitude
    36.4123597

    Nearby Similar for Sale

    • $219,500

      Mayodan Retail/Restaurant Opportunity

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      854 Nc Highway 770, Mayodan, NC 27027
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    • $599,000

      Mayodan Investment Opportunity

      Mixed-use property with commercial and residential income potential in Mayodan.
      207-213 W Main St, Mayodan, NC 27027
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    • $599,000
      9,442 SF

      Mayodan Mixed-Use Investment Opportunity

      Income-producing property with commercial and residential units in Mayodan, NC.
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    • $219,500

      Mayodan Retail Property - High Potential

      3.29 Acres, Multi-Use Building, Rental Income
      854 Nc Highway 770, Mayodan, NC 27027
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    FAQs

    What type of property is this?
    Gas station - Sprawling property with commercial building, residential rentals, and gas tanks.
    Where is this gas station located?
    The property is located at 854 Nc-770 Mayodan, NC.
    What is the asking price?
    The asking price for this property is $219,500.
    What are key features of this property?
    This property features: - 3.29 Acres with Split Zoning (Neighborhood Commercial and Residential); - **3400 SQ Ft Concrete Block Building with New Roof (2023)**; - Two Mobile Homes for Additional Rental Income
    (336) 312-4226
    Request Owner's contact information
    854 Nc-770 Mayodan, NC
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    Mayodan, NC
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    854 Nc-770 Mayodan, NC
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