Property profile

245 City Hall St Mount Airy, NC 27030

OFF-MARKET
Retail space
Property ID
US53-4584334
28,501 SF 0.24 ac lot Built 1930
Individually Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 28,501 SF
Lot 0.24 ac (10,454 SF)
Zoning code B1
APN 5020-11-75-3363
UPID US53-4584334

Cap rate & NOI

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

Location

245 City Hall St Mount Airy, NC 27030-3860
Mount Airy metro Census 930302 MOUNT AIRY, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.73M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$1.86M

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2025
Price N/A
2021
$1.8M

Zoning & alternative use

B1 · Mount Airy, NC
Zoning description

F. B-1 Central Business District This district is the central shopping area of the City of Mount Airy and its surrounding commercial trade area. The regulations of this district are designed to encourage the continued us…

General category COMMERCIAL

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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