Entity Owned 
For Sale
1 / 50
$1,985,000
2000 Bridge St, Elkin, NC 28621
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Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1948
Total area
4,991 SF
Lot
1.57 ac (68,389 SF)
Zoning code
HB
APN
4952-10-47-1477
UPID
US53-4914873
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.03M
Owner & transaction history
since 2023
Last sale
$1.1M
1 recorded transaction
Zoning & alternative use
HB · Elkin, NC
Zoning description
The Highway Business district is established along major thoroughfares and collector streets. It is intended to provide for offices, personal services, and the retailing of durable and convenient goods for the community.…
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.03M
Value range
$923k – $1.13M
±10% around blend
Estimated value / SF
$205 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$923k
blend $1.03M
$1.13M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,991 SF
Lot area
1.57 ac
Year built
1948
Stories
1
APN
4952-10-47-1477
Zoning
HB
Assessed value
$1,059,720
Annual tax
$7,185
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.24M
Range $285k – $1.41M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.03M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 25 sales
$174
+18%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $205/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.07M
Move the market yield to see immediate price impact.
Value / SF
$213
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$67k
$1.34M
$958k
$746k
$75k
$1.49M
$1.07M
$828k
$82k
$1.64M
$1.17M
$911k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$7,185
Tax year 2024
Assessed value
$1,059,720
Assessed 2024
Previous assessed
$954,010
+11.1% YoY
Effective rate
0.68%
On assessed value
Assessed land
$246,200
Assessed improvement
$813,520
Land market value
$246,200
Improvement market value
$813,520
Total market value
$1,059,720
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1948
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
4,991 SF
Lot
1.57 ac (68,389 SF)
Zoning code
HB
APN
4952-10-47-1477
UPID
US53-4914873
Jurisdiction
SURRY
Zoning & alternative use
HB · Elkin, NCZoning HB · permitted uses
HB · Elkin, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The Highway Business district is established along major thoroughfares and collector streets. It is intended to provide for offices, personal services, and the retailing of durable and convenient goods for the community.…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1948
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Lot
1.57 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
HB
COMMERCIAL
Jurisdiction
Elkin, NC
Recorded code
HB
Official district
HB
Official district profile
What the municipal code says about HB
Zoning description
The Highway Business district is established along major thoroughfares and collector streets. It is intended to provide for offices, personal services, and the retailing of durable and convenient goods for the community.…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HB in Elkin, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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