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    Property profile & analytics

    407 Hwy St Madison, NC 27025-1617

    • Turn key restaurants
    • 3,632 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Last Sale
    Aug 17, 2022
    Location Intelligence
    Property ID
    US53-1244878
    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

    • Turn key restaurants

    Property Details for 407 Hwy St

    Year built
    1974
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.03 lot acres
    Property size
    3,632 SF
    Zone code
    GENERAL COMM DISTRICT MAD
    Property type
    Turn key restaurants
    APN
    7916-14-43-6175-00
    APU
    79161443617500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.9694
    Latitude
    36.3925
    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
    $2,500
    $168,633
    $237,450
    $406,083
    -
    $168,633
    $237,450
    $406,083

    Comparable in this City

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      $195,000
      1,680 SF

      910 Ayersville Rd

      RESTAURANT • 1,680 SF
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      6,203 SF

      112 B E Shaffer Dr

      RESTAURANT • 6,203 SF
      112 B E Shaffer Dr, Madison, NC 27025-1668
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    • Value Estimation by Request
      3,828 SF

      1009 Hwy St

      RESTAURANT • 3,828 SF
      1009 Hwy St, Madison, NC 27025-1513
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    • Value Estimation
      $190,000
      1,920 SF

      615 Burton St

      RESTAURANT • 1,920 SF
      615 Burton St, Madison, NC 27025-1521
      View Details
    • Value Estimation
      $420,000
      3,500 SF

      609 Hwy St

      RESTAURANT • 3,500 SF
      609 Hwy St, Madison, NC 27025-1658
      View Details
    • Value Estimation
      $230,000
      2,249 SF

      124 Market St

      RESTAURANT • 2,249 SF
      124 Market St, Madison, NC 27025-2124
      View Details

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      Madison NC Specialty Property

      Specialty property available for sale in Madison, North Carolina.
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      Income-producing, renovated office suites.
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    Similar Nearby for Lease

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      Madison Warehouse and Distribution Space

      Warehouse and distribution space available for lease in Madison, NC.
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      20,980 SF

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      20,980 SF industrial property available for lease.
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      View Details
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    407 Hwy St
    Madison, NC 27025-1617
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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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