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Property profile & analytics
OFF-MARKET Estimated value $555,000
Automotive properties

540 Independence Blvd Mount Airy, NC 27030-3569

8,950 SF 1.95 ac lot Built 1977
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US53-4323307
Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1977
Construction STEEL FRAME
Total area 8,950 SF
Lot 1.95 ac (84,942 SF)
Zoning code M1
APN 5020-10-45-5793
UPID US53-4323307
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • US Ecology Waste Management Facility Hazardous Waste Disposal
  • Foothills Garage Doors, LLC Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$570k
Blend (final) Blend
$555k
Owner & transaction history
Haynes Investments LLC · 2 yrs held
Haynes Investments LLC
since 2024
3 recorded transactions
2024
Price N/A
2024
Price N/A
2017
Price N/A
Zoning & alternative use
M1 · Mount Airy, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

K. M-1 Industrial District The M -1 Industrial District is established for those areas of the community where the principal use of land is for industrial and warehousing uses. These uses, by their nature, may create some nuisance and are not properly associated with residential, comm ercial or CITY OF MOUNT AIRY ZONING ORDINANCE 4-3 service establishments. T…

Zone name Industrial
General category INDUSTRIAL
Zone area 1,353.70 ac
Top alternative use upside
Commercial (general) $845,000 +23.9%
Retail stores $765,000 +12.1%
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