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    Property profile & analytics

    401 Main St Mount Airy, NC 27030-4700

    • Office Properties & Spaces
    • 3,236 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Last Sale
    Jun 28, 2024
    $270,000
    Location Intelligence
    Property ID
    US53-4846556
    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

    • B & L Custom Jewelers / Jeweler / Jewelry Buyer
    • Moore and Associates Engineering and Consulting, Inc. / Structural Engineer

    Property Details for 401 Main St

    Year built
    1955
    Construction
    WOOD
    Lot size
    0.50 lot acres
    Property size
    3,236 SF
    Zone code
    R4
    Property type
    Office Properties & Spaces
    APN
    5020-16-83-2703
    APU
    502016832703

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $300,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $260,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $295,000
      Mixed-Use
      $310,000
      Hospitality
      $350,000
      Educational
      $315,000
      Residential Income
      $300,000
      Energy
      $325,000
      Income-Based Land
      $325,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Mount Airy
    County
    Surry
    State
    North Carolina
    Longitude
    -80.6047
    Latitude
    36.4974
    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
    $1,145
    $19,200
    $154,820
    $174,020
    -
    $19,200
    $154,820
    $174,020

    Comparable in this City

    • Value Estimation by Request
      3,762 SF

      1409 Edgewood Dr

      OFFICE (GENERAL) • 3,762 SF
      1409 Edgewood Dr, Mount Airy, NC 27030-5215
      View Details
    • Value Estimation by Request
      760 SF

      203 Galloway St

      OFFICE (GENERAL) • 760 SF
      203 Galloway St, Mount Airy, NC 27030-3709
      View Details
    • Value Estimation by Request
      1,672 SF

      813 Main St

      OFFICE (GENERAL) • 1,672 SF
      813 Main St, Mount Airy, NC 27030-4725
      View Details
    • Value Estimation by Request
      984 SF

      906 Renfro St

      OFFICE (GENERAL) • 984 SF
      906 Renfro St, Mount Airy, NC 27030-4748
      View Details
    • Value Estimation
      $465,000
      12,275 SF

      231 City Hall St

      OFFICE (GENERAL) • 12,275 SF
      231 City Hall St, Mount Airy, NC 27030
      View Details
    • Value Estimation
      $290,000
      1,500 SF

      408 Old Hwy 601

      OFFICE (GENERAL) • 1,500 SF
      408 Old Hwy 601, Mount Airy, NC 27030-8339
      View Details

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    Similar Nearby for Lease

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    401 Main St
    Mount Airy, NC 27030-4700
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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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