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    Property profile & analytics

    245 City Hall St Mount Airy, NC 27030-3860

    • Retail space
    • 28,501 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 10, 2025
    Location Intelligence
    Property ID
    US53-4584334
    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

    • Retail space

    Property Details for 245 City Hall St

    Year built
    1930
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.24 lot acres
    Property size
    28,501 SF
    Zone code
    B1
    Property type
    Retail space
    APN
    5020-11-75-3363
    APU
    502011753363

    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 Airy
    County
    Surry
    State
    North Carolina
    Longitude
    -80.6076
    Latitude
    36.5018
    CBSA code
    34340
    CBSA name
    MOUNT AIRY, NC MICROPOLITAN STATISTICAL AREA

    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
    2024
    $3,480
    $43,550
    $485,360
    $528,910
    -
    $43,550
    $485,360
    $528,910

    Comparable in this City

    • Value Estimation by Request
      3,353 SF

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      RETAIL STORES (PERSONAL SERVICES) • 3,353 SF
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      View Details
    • Value Estimation by Request
      1,500 SF

      175 Virginia St

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      175 Virginia St, Mount Airy, NC 27030-3484
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      1,365 SF

      135 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,365 SF
      135 Main St, Mount Airy, NC 27030-3807
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      2,464 SF

      128 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,464 SF
      128 Main St, Mount Airy, NC 27030-3808
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      2,542 SF

      442 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,542 SF
      442 Main St, Mount Airy, NC 27030
      View Details
    • Value Estimation by Request
      2,179 SF

      278 Old Us 52nd S

      RETAIL STORES (PERSONAL SERVICES) • 2,179 SF
      278 Old Us 52nd S, Mount Airy, NC 27030-8092
      View Details

    Similar Nearby for Sale

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      Ready-to-go store with displays, merchandise, and coolers included.
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    • $59,000
      0.56 Acres

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      Commercial property in prime location on heavily traveled highway.
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      Commercial property in downtown Mount Airy with potential for various uses.
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      38.70 Acres

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      38.7-acre homesite with mountain views and spring-fed creek.
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      0.48 Acres

      Corner Lot in Mount Airy

      Charming corner lot with potential in established Mount Airy development.
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    Similar Nearby for Lease

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      Mayberry Mall: Retail Investment Opportunity

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      Mount Airy Retail Center Investment

      High-traffic retail space in NC.
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    245 City Hall St
    Mount Airy, NC 27030-3860
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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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