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    Property profile & analytics

    407 2nd Ave Mayodan, NC 27027-2412

    • Retail space
    • 7,500 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Last Sale
    Oct 28, 2021
    $229,000
    Location Intelligence
    Property ID
    US53-0830315
    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 407 2nd Ave

    Year built
    1932
    Construction
    FRAME
    Lot size
    1.50 lot acres
    Property size
    7,500 SF
    Zone code
    HWY BUS MAYODAN
    Property type
    Retail space
    APN
    7917-19-62-3106-00
    APU
    79171962310600

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mayodan
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.964
    Latitude
    36.4172
    CBSA code
    24660
    CBSA name
    GREENSBORO-HIGH POINT, NC METROPOLITAN 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
    2023
    $2,750
    $50,625
    $147,120
    $197,745
    -
    $50,625
    $147,120
    $197,745

    Comparable in this City

    • Value Estimation by Request
      1,890 SF

      Washington St

      RETAIL STORES (PERSONAL SERVICES) • 1,890 SF
      Washington St, Mayodan, NC 27027
      View Details
    • Value Estimation by Request
      1,786 SF

      1600 Nc 770

      RETAIL STORES (PERSONAL SERVICES) • 1,786 SF
      1600 Nc 770, Mayodan, NC 27027
      View Details
    • Value Estimation by Request
      5,640 SF

      100 2nd Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,640 SF
      100 2nd Ave, Mayodan, NC 27027-2712
      View Details
    • Value Estimation
      $105,000
      5,000 SF

      101 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      101 Main St, Mayodan, NC 27027-2731
      View Details
    • Value Estimation
      $430,000
      1,719 SF

      714 Wilkins St

      RETAIL STORES (PERSONAL SERVICES) • 1,719 SF
      714 Wilkins St, Mayodan, NC 27027-2048
      View Details
    • Value Estimation by Request
      2,895 SF

      314 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 2,895 SF
      314 Washington St, Mayodan, NC 27027-2627
      View Details

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    • Contact for pricing

      Residential Lot in Mayodan

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    407 2nd Ave
    Mayodan, NC 27027-2412
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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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