500 Johnson RdgElkin, NC 28621

  • Healthcare properties
  • 18,674 SF
Off market
$3,375,634 Estimated

Property Details for 500 Johnson Rdg

Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
10.00 AC
Property size (Sq ft)
18,674 SF
Zone code
R8
Property type
Healthcare properties
Property subtype
Assisted living facilities
APN
4961-00-09-8877
APU
496100098877

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,002,660
    6.5%
    $1,848,609
    7%
    $1,716,566
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,725,898
    Geo Method
    $3,636,594
  • Alternative Use

    Use
    Valuation
    Residential
    $2,345,039
    Hospitality
    $2,148,043
    Educational
    $1,787,146
    Medical
    $1,848,609
    Retail
    $2,780,006
500 Johnson Rdg, Elkin, North Carolina
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Location Insight

City
Elkin
County
Surry
State
North Carolina
Latitude
36.2634
Longitude
-80.8294
CBSA code
34340
CBSA name
MOUNT AIRY, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $2,539,780
  • Assessed land value
    $250,000
  • Assessed value
    $2,789,780
  • Tax year
    2024
  • Tax bill
    $18,915

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