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    Property profile & analytics

    111 Main St Elkin, NC 28621-3432

    • Retail space
    • 4,714 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 31, 2025
    Location Intelligence
    Property ID
    US53-4350308
    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

    • Van Hoy Jewelers / Jeweler
    • Elkin Art Gallery / Art Gallery

    Property Details for 111 Main St

    Year built
    1905
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.07 lot acres
    Property size
    4,714 SF
    Zone code
    B1
    Property type
    Retail space
    APN
    4951-14-42-0615
    APU
    495114420615

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elkin
    County
    Surry
    State
    North Carolina
    Longitude
    -80.8512
    Latitude
    36.2437
    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
    $819
    $16,930
    $103,820
    $120,750
    -
    $16,930
    $103,820
    $120,750

    Comparable in this City

    • Value Estimation by Request
      2,650 SF

      103 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,650 SF
      103 Main St, Elkin, NC 28621-3428
      View Details
    • Value Estimation by Request
      2,425 SF

      116 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,425 SF
      116 Main St, Elkin, NC 28621-3429
      View Details
    • Value Estimation by Request
      817 SF

      223 Main St

      RETAIL STORES (PERSONAL SERVICES) • 817 SF
      223 Main St, Elkin, NC 28621-3446
      View Details
    • Value Estimation by Request
      1,080 SF

      2024 Twin Oaks Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,080 SF
      2024 Twin Oaks Rd, Elkin, NC 28621
      View Details
    • Value Estimation
      $75,000
      516 SF

      227 Main St

      RETAIL STORES (PERSONAL SERVICES) • 516 SF
      227 Main St, Elkin, NC 28621-3446
      View Details
    • Value Estimation
      $185,000
      1,734 SF

      156 Tuscan Ln

      RETAIL STORES (PERSONAL SERVICES) • 1,734 SF
      156 Tuscan Ln, Elkin, NC 28621-9320
      View Details

    Similar Nearby for Sale

    • $980,000

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      Refurbished commercial building with potential for restaurant, retail, or mixed-use.
      101 E Main St, Elkin, NC 28621
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    • $225,000
      1.13 Acres

      Elkin Commercial Land - $225K

      Prime 1.13-acre retail lot in Elkin, NC.
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    • $450,000
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      Elkin, NC Commercial Corner Lot

      High-Visibility Retail Opportunity, 2 Acres
      TBD-3 Bridge St, Elkin, NC 28621
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    • $425,000

      48 Acres of Versatile Land

      Land with pasture, mature trees, suitable for hunting, recreation, building.
      11218 Nc 268, Elkin, NC 28621
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    • $45,000

      Residential Lot in Elkin, NC

      0.75-acre building lot, one mile from downtown Elkin.
      000 S Brenhaven Dr, Elkin, NC 28621
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    • $30,000
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      Land Zoned for Medical Facility

      Vacant land suitable for developing a medical facility.
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    Similar Nearby for Lease

    • Contact for pricing
      150,442 SF

      Elkmont Plaza Retail Space NC

      Prime Elkin Retail Center, Spaces Available
      1643 Bridge St, Elkin, NC 28621
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    • $17 SF/Yr
      4,800 SF

      Elkin Medical Office Space

      Modern medical office, prime location.
      201 Samaritans Ridge Rd, Elkin, NC 28621
      View Details
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    111 Main St
    Elkin, NC 28621-3432
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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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