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    Property profile & analytics

    415 2nd Ave Mayodan, NC 27027-2803

    • Super regional malls
    • 43,738 SF
    • 4.84 lot acres
    OFF-MARKET
    Value Estimation
    $650,000
    Location Intelligence
    Property ID
    US53-2448476
    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

    • Super regional malls

    Property Details for 415 2nd Ave

    Year built
    1983
    Lot size
    4.84 lot acres
    Property size
    43,738 SF
    Zone code
    HWY BUS MAYODAN
    Property type
    Super regional malls
    APN
    7916-06-47-5880-00
    APU
    79160647588000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $640,000

    • CAP approach

      CAP return
      Estimation
      6%
      $770,000
      6.5%
      $700,000
      7%
      $735,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $755,000
      Geo Method
      $755,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $675,000
      Retail
      $615,000
      Mixed-Use
      $700,000
      Hospitality
      $795,000
      Educational
      $740,000
      Residential Income
      $780,000
      Energy
      $660,000
      Income-Based Land
      $765,000
      Food Service
      $680,000

    Location Insight

    • Map
    • Local Demand
    City
    Mayodan
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.9698
    Latitude
    36.4053
    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
    $9,443
    $175,200
    $504,134
    $679,334
    -
    $175,200
    $504,134
    $679,334

    Comparable in this City

    • Value Estimation
      $580,000
      62,938 SF

      131 Commerce Ln

      REGIONAL SHOPPING CENTER, MALL • 62,938 SF
      131 Commerce Ln, Mayodan, NC 27027-8500
      View Details
    • Value Estimation by Request
      4,525 SF

      204 Main St

      RESTAURANT • 4,525 SF
      204 Main St, Mayodan, NC 27027-2706
      View Details
    • Value Estimation by Request
      2,275 SF

      211 Main St

      RESTAURANT • 2,275 SF
      211 Main St, Mayodan, NC 27027-2705
      View Details
    • Value Estimation by Request
      2,180 SF

      4070 Us 220th Business

      AUTO REPAIR, GARAGE • 2,180 SF
      4070 Us 220th Business, Mayodan, NC 27027
      View Details
    • 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

    Similar Nearby for Sale

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      9,442 SF

      Mayodan Mixed-Use Investment Opportunity

      Income-producing property with commercial and residential units in Mayodan, NC.
      207 W Main St, Mayodan, NC 27027
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      Mayodan Retail/Restaurant Opportunity

      3.29 acre property with commercial building and rental income.
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    • $599,000

      Mayodan Investment Opportunity

      Mixed-use property with commercial and residential income potential in Mayodan.
      207-213 W Main St, Mayodan, NC 27027
      View Details
    • Contact for pricing

      Commercial Lot in Downtown Mayodan

      Cleared commercial lot near shopping and Mayo River.
      111 S 2Nd Ave, Mayodan, NC 27027
      View Details
    • Contact for pricing

      Residential Lot in Mayodan

      Ready-to-build 0.34-acre lot near town amenities.
      558 Cedar Mountain Rd, Mayodan, NC 27027
      View Details
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    415 2nd Ave
    Mayodan, NC 27027-2803
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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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