Property profile

117 Market St Elkin, NC 28621

OFF-MARKET
Office Spaces
Property ID
US53-4184445
1,960 SF 0.05 ac lot Built 1971
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1971
Construction STEEL FRAME
Total area 1,960 SF
Lot 0.05 ac (2,091 SF)
Zoning code DMX
APN 4951-14-32-8913
UPID US53-4184445

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

117 Market St Elkin, NC 28621-3436
Elkin metro Census 930901 MOUNT AIRY, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$150k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2023
Last sale
$151,000
1 recorded transaction
2023
Price N/A

Zoning & alternative use

DMX · Elkin, NC
Zoning description

The Downtown Mixed-Use district is established to provide for a mixture of commercial, residential, and civic/institutional uses in the Towns downtown and waterfront core. The development emphasizes walkable, pedestrian-…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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