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Property profile & analytics
OFF-MARKET
Turn key restaurants
1353 Main St Mount Airy, NC 27030-5521
Individually Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-4144580
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1946
Construction
WOOD
Total area
824 SF
Lot
0.5 ac (21,780 SF)
Zoning code
B2
APN
5030-17-01-9762
UPID
US53-4144580
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
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
Dennis Rhoten Cox · 16 yrs held
Dennis Rhoten Cox
since 2009
1 recorded transaction
Zoning & alternative use
B2 · Mount Airy, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
G. B-2 General Business District This district provides a location for those businesses and services , which generally serve a wider area than the neighborhood business, but do not necessarily require location in the central business district. Because these commercial uses are importa nt to the economy of the area and are subject to public view, they should…
Zone name
General Business
General category
COMMERCIAL
Zone area
378.38 ac
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 Mount Airy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Airy 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
$447
Tax year 2024
Assessed value
$67,900
Assessed 2024
Previous assessed
$67,900
+0.0% YoY
Effective rate
0.66%
On assessed value
Assessed land
$42,000
Assessed improvement
$25,900
Land market value
$42,000
Improvement market value
$25,900
Total market value
$67,900
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
FORCED AIR
Cooling
WALL UNIT
Stories
1
Total area
824 SF
Lot
0.5 ac (21,780 SF)
Zoning code
B2
APN
5030-17-01-9762
UPID
US53-4144580
Jurisdiction
SURRY
Zoning & alternative use
B2 · Mount Airy, NCZoning B2 · permitted uses
B2 · Mount Airy, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
G. B-2 General Business District This district provides a location for those businesses and services , which generally serve a wider area than the neighborhood business, but do not necessarily require location in the central business district. Because these commercial uses are importa nt to the economy of the area and are subject to public view, they should have ample parking, controlled traffic movement, and suitable site design.
Zone name
General Business
General category
COMMERCIAL
Zone area
378.38 ac
Building & site characteristics
From public records
Year built
1946
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Dennis Rhoten Cox
Individual
Free & Clear · 16 yrs held
Mailing address
1601 PITTMAN ST, MOUNT AIRY, NC 27030-5553
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2009
—
Dennis Rhoten Cox
Michael L Cox
Intrafamily Transfer
related
—
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.
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