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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Warehouses
1632 Andy Griffith Pkwy, Mount Airy, NC 27030-9254
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-4620272
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2023
Total area
12,000 SF
Lot
4.39 ac (191,228 SF)
Zoning code
B4
APN
5011-08-98-8452
UPID
US53-4620272
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
-
Blue Ridge Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$725k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$952k
Blend (final)
Blend
$725k
Owner & transaction history
Guardian Storage LLC · 2 yrs held
Guardian Storage LLC
since 2024
Last sale
$725,000
4 recorded transactions
Zoning & alternative use
B4 · Mount Airy, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+57.9%
Retail stores
$1.0M
+42.9%
Auto repair, garage
$915,000
+27.4%
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
Method
Estimation
Statistic approach
$725,000
ML approach
$725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$715,000
Current use
COMMERCIAL (GENERAL)
$1,130,000
Change: +58% · Conversion: Difficult
RETAIL STORES
$1,025,000
Change: +43% · Conversion: Moderate
AUTO REPAIR, GARAGE
$915,000
Change: +27% · Conversion: Easy
Blend value · Realmo final
$725k
Range $653k – $798k · ±10% · vs last sale $725k (Apr 16 2024)
Last sale anchor
$725k
Apr 16 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$60 / SF
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
$2,624
Tax year 2024
Assessed value
$536,540
Assessed 2024
Previous assessed
$124,460
+331.1% YoY
Effective rate
0.49%
On assessed value
Assessed land
$124,460
Assessed improvement
$412,080
Land market value
$124,460
Improvement market value
$412,080
Total market value
$536,540
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2023
Heating
NONE
Cooling
NONE
Stories
1
Total area
12,000 SF
Lot
4.39 ac (191,228 SF)
Zoning code
B4
APN
5011-08-98-8452
UPID
US53-4620272
Jurisdiction
SURRY
Zoning & alternative use
B4 · Mount Airy, NC
Zoning B4 · permitted uses
B4 · Mount Airy, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mount Airy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$715,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$915,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2023
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.39 ac
Current owner
From public records · entity-resolved
Guardian Storage LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1632 N ANDY GRIFFITH PKWY, MOUNT AIRY, NC 27030-9254
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2025
—
Guardian Storage LLC
—
Deed
related
$65,000 · Skyline National Bank
May 2, 2024
—
Guaradin Storage LLC
—
Deed
related
$1,550,000 · Skyline National Bank
Apr 16, 2024
—
Guardian Storage LLC
Granite City Investments LLC
Warranty Deed
—
Dec 13, 2021
$130,000
Granite City Invst LLC
Lona S Mccreay
Warranty Deed
$450,500 · Surrey Bank & Trust
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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