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    Property profile & analytics

    2240 Nc Hwy 109th S Mount Gilead, NC 27306-8458

    • Industrial land
    • 8.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 12, 2024
    $55,000
    Location Intelligence
    Property ID
    US53-4299041
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial land

    Property Details for 2240 Nc Hwy 109th S

    Lot size
    8.00 lot acres
    Property type
    Industrial land
    APN
    7504 00 66 8925
    APU
    750400668925

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Gilead
    County
    Montgomery
    State
    North Carolina
    Longitude
    -79.9821
    Latitude
    35.2489

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $20,000
    $0.00
    $20,000
    -
    $20,000
    $0.00
    $20,000

    Comparable in this City

    • Value Estimation by Request
      0.16 Acres

      Depot St

      INDUSTRIAL - VACANT LAND • 0.16 Acres
      Depot St, Mount Gilead, NC 27306
      View Details
    • Value Estimation by Request
      8.95 Acres

      R R Nc Hwy, Unit 109

      INDUSTRIAL - VACANT LAND • 8.95 Acres
      R R Nc Hwy, Mount Gilead, NC 27306
      View Details
    • Value Estimation by Request
      0.09 Acres

      Julius Chambers Ave

      INDUSTRIAL - VACANT LAND • 0.09 Acres
      Julius Chambers Ave, Mount Gilead, NC 27306
      View Details
    • Value Estimation by Request
      1.20 Acres

      6650 Nc Hwy 73rd W

      INDUSTRIAL - VACANT LAND • 1.20 Acres
      6650 Nc Hwy 73rd W, Mount Gilead, NC 27306-9069
      View Details
    • Value Estimation by Request
      0.13 Acres

      Wadesboro Blvd

      INDUSTRIAL - VACANT LAND • 0.13 Acres
      Wadesboro Blvd, Mount Gilead, NC 27306
      View Details
    • Value Estimation by Request
      10.04 Acres

      R R Nc Hwy, Unit 109

      INDUSTRIAL - VACANT LAND • 10.04 Acres
      R R Nc Hwy, Mount Gilead, NC 27306
      View Details

    Similar Nearby for Sale

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      6.45 Acres

      Waterfront Land with Deeded Boat

      6.45-acre wooded lot with deeded boat slip on Lake Tillery.
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    • Contact for pricing
      Pending

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      Land available via online auction in Montgomery County, North Carolina.
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    • $55,000

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    • $62,500
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      Level Lot with Carport

      Level lot with sewer, power, and metal carport.
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    • $355,000
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      Waterfront Lot on Lake Tillery

      Exceptional waterfront lot with great water depth and views.
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      Timber and recreation tract in the heart of Montgomery County.
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    Mount Gilead, NC 27306-8458
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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