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Financial
Distress signals
Property profile

1039 Brg St Elkin, NC 28621

OFF-MARKET
Drive through restaurants
Property ID
US53-4319448
1,920 SF 1 ac lot Built 2000
Last sale May 2022 · $1,031,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a fee simple Pizza Hut investment site located in Elkin, North Carolina. It is configured for restaurant use and is governed by an absolute NNN lease structure, meaning tenant responsibilities for operational costs and maintenance are contractually emphasized with zero landlord responsibilities. The leasing arrangement includes an initial lease period of approximately 16 years remaining, with four additional five-year extension options.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$505k
Assessed land$198k
Assessed improvement$308k
Effective rate0.68%

Value estimate

· Oct 2026
$720k
$648k – $792k
AI approach$845k
Submarket $/SF estimate$542k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$174/SF
County average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$57 – $282

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B2
JurisdictionSURRY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.3
Wholesale Shop11.2
HVAC Service10.7

Location

1039 Brg St Elkin, NC 28621-2405
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
113 Main, Elkin, NC 28621-3432 $100,000 Jan 2025 2,214 SF
701 Nc Hwy 268th W, Elkin, NC 28621-2815 $230,000 Dec 2023 1,952 SF
302 Main, Elkin, NC 28621-3514 $190,000 Jun 2023 1,804 SF
136 Twin Oaks, Elkin, NC 28621 $525,000 Apr 2023 2,008 SF
156 Tuscan, Elkin, NC 28621-9320 $180,000 Jul 2022 1,734 SF
705 Nc Hwy 268th W, Elkin, NC 28621-2815 $75,000 Jul 2022 1,817 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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