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    Property profile & analytics

    126 Main St Mount Gilead, NC 27306

    • Retail properties
    • 2,700 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 126 Main St

    Year built
    1944
    Lot size
    0.09 lot acres
    Property size
    2,700 SF
    Property type
    Retail properties
    Property subtype
    Land

    Description

    This exceptional commercial property, located at 126 N Main St, Mount Gilead, NC 27306, presents a unique investment opportunity. The 2,700 to 14,278 square foot multi-level building, constructed in 1944, sits on a 0.09-acre lot (APN 7503-13-04-5987) in Montgomery County. Currently configured as a storefront/antique shop, the property boasts original wood floors and trim, offering an inviting, old-world charm. The basement features individually leased storage spaces, generating supplemental income. The property is zoned for city use and has a functioning elevator compliant with current regulations. According to the seller, a portion of the ground floor and the second floor could be adapted for residential use, expanding the property's versatility. This prime location on historic Main Street offers significant potential for growth and diverse uses, making it an attractive investment at an asking price of $225,000. The property's size and existing income stream make it an ideal choice for a savvy investor seeking a strong return.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Gilead
    County
    Montgomery
    State
    North Carolina
    Longitude
    -80.0023
    Latitude
    35.2159

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    126 Main St
    Mount Gilead, NC 27306
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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
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