Property profile

501 Andy Griffith Pkwy Mount Airy, NC 27030

OFF-MARKET
Hotels
Property ID
US53-4434445
14,071 SF 2.03 ac lot Built 1962
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1962
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,071 SF
Lot 2.03 ac (88,427 SF)
Zoning code B4
APN 5020-05-18-8483
UPID US53-4434445

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

501 Andy Griffith Pkwy Mount Airy, NC 27030-2522
Mount Airy metro Census 930502 MOUNT AIRY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

Zoning & alternative use

B4 · Mount Airy, NC
Zoning description

ict The B-3 Neighborhood Business District is intended for the use of th ose businesses which are properly and necessarily located near residential areas and cater to the everyday needs of a residential neighborhood. I.…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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