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    Property profile & analytics

    1039 Brg St Elkin, NC 28621-2405

    • Drive through restaurants
    • 1,920 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $835,000
    Last Sale
    May 02, 2022
    $1,031,000
    Location Intelligence
    Property ID
    US53-4319448
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wing Street / Takeout Restaurant / European Restaurant
    • Pizza Hut / Pizza Delivery / Chicken Wings Restaurant

    Property Details for 1039 Brg St

    Year built
    2000
    Construction
    STEEL FRAME
    Lot size
    1.00 lot acres
    Property size
    1,920 SF
    Zone code
    B2
    Property type
    Drive through restaurants
    APN
    4951-06-49-5367
    APU
    495106495367

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $720,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,000,000
      6.5%
      $875,000
      7%
      $880,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $925,000
      Geo Method
      $865,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $815,000
      Retail
      $955,000
      Mixed-Use
      $930,000
      Hospitality
      $895,000
      Educational
      $960,000
      Residential Income
      $895,000
      Energy
      $860,000
      Income-Based Land
      $845,000
      Food Service
      $985,000

    Location Insight

    • Map
    • Local Demand
    City
    Elkin
    County
    Surry
    State
    North Carolina
    Longitude
    -80.8498
    Latitude
    36.2622
    CBSA code
    34340
    CBSA name
    MOUNT AIRY, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,426
    $197,810
    $307,500
    $505,310
    -
    $197,810
    $307,500
    $505,310

    Comparable in this City

    • Value Estimation by Request
      4,362 SF

      479 Cc Cp Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,362 SF
      479 Cc Cp Rd, Elkin, NC 28621-8833
      View Details
    • Value Estimation
      $415,000
      1,200 SF

      835 Brg St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,200 SF
      835 Brg St, Elkin, NC 28621-3008
      View Details
    • Value Estimation
      $450,000
      2,549 SF

      551 Cc Cp Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,549 SF
      551 Cc Cp Rd, Elkin, NC 28621-8704
      View Details
    • Value Estimation
      $555,000
      3,232 SF

      1403 Brg St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,232 SF
      1403 Brg St, Elkin, NC 28621-2334
      View Details
    • Value Estimation
      $235,000
      2,685 SF

      1485 Brg St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,685 SF
      1485 Brg St, Elkin, NC 28621-2334
      View Details
    • Value Estimation
      $1,315,000
      3,817 SF

      540 Cc Cp Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,817 SF
      540 Cc Cp Rd, Elkin, NC 28621-8704
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      Prime Elkin Retail Center, Spaces Available
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      View Details
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    Elkin, NC 28621-2405
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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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