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Property profile & analytics
OFF-MARKET
Office Spaces
1116 Brg St Elkin, NC 28621-2408
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-4498080
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1890
Construction
MANUFACTURED
Total area
1,601 SF
Lot
0.35 ac (15,333 SF)
Zoning code
B2
APN
4951-06-49-5931
UPID
US53-4498080
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Elkin Family Chiropractic Alternative Medicine Practice
-
Journey To Wellness Alternative Medicine Practice Spa & Massage Center
-
Shocker Dave Alternative Medicine Practice Spa & Massage Center
-
Katie Wagoner Massage Therapist Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Trizo Ortiz · 2 yrs held
Trizo Ortiz
since 2024
Last sale
$135,000
2 recorded transactions
Zoning & alternative use
B2 · Elkin, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Elkin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elkin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$607
Tax year 2024
Assessed value
$89,500
Assessed 2024
Previous assessed
$89,500
+0.0% YoY
Effective rate
0.68%
On assessed value
Assessed land
$72,160
Assessed improvement
$17,340
Land market value
$72,160
Improvement market value
$17,340
Total market value
$89,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1890
Construction
MANUFACTURED
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
1,601 SF
Lot
0.35 ac (15,333 SF)
Zoning code
B2
APN
4951-06-49-5931
UPID
US53-4498080
Jurisdiction
SURRY
Zoning & alternative use
B2 · Elkin, NC
Zoning B2 · permitted uses
B2 · Elkin, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elkin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Construction
MANUFACTURED
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Trizo Ortiz
Individual
Free & Clear · 2 yrs held
Mailing address
6330 LINDA DR, LEWISVILLE, NC 27023-9578
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
—
Trizo Ortiz
Roxy L Mccall
Warranty Deed
—
Jul 30, 2013
$25,000
David R Schocker
Richard O Bernade JR
Warranty Deed
$24,900 · Richard O Bernabe JR Etux
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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