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Property profile & analytics
FOR LEASE
Banks
541 North Main St Mount Airy, NC 27030
Individually Owned
Free & Clear
Property ID
US53-4593128
For Lease
$605,000
541 North Main St, Mount Airy, NC 27030
View Listing →
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1963
Construction
STEEL FRAME
Total area
24,076 SF
Lot
1.55 ac (67,518 SF)
Zoning code
B1
APN
5020-11-66-7167
UPID
US53-4593128
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
-
Truist - ATM Atm
-
BB&T ATM Atm
-
BB&T Mortgage Loan Service Bank
-
Truist Bank Loan Service
-
Lori L Willis - Truist Mortgage Loan Officer Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$808k
Blend (final)
Blend
$605k
Owner & transaction history
BB
BB
Zoning & alternative use
B1 · Mount Airy, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
F. B-1 Central Business District This district is the central shopping area of the City of Mount Airy and its surrounding commercial trade area. The regulations of this district are designed to encourage the continued use of land for community trade and commercial service uses and to promote a concentrated development of permitted uses while maintaining a su…
Zone name
Central Business
General category
COMMERCIAL
Zone area
32.36 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mount Airy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Airy submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$25 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$14,682
Tax year 2024
Assessed value
$2,231,270
Assessed 2024
Previous assessed
$2,231,270
+0.0% YoY
Effective rate
0.66%
On assessed value
Assessed land
$432,120
Assessed improvement
$1,799,150
Land market value
$432,120
Improvement market value
$1,799,150
Total market value
$2,231,270
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
For Lease
Year built
1963
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
24,076 SF
Lot
1.55 ac (67,518 SF)
Zoning code
B1
APN
5020-11-66-7167
UPID
US53-4593128
Jurisdiction
SURRY
Zoning & alternative use
B1 · Mount Airy, NCZoning B1 · permitted uses
B1 · Mount Airy, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
F. B-1 Central Business District This district is the central shopping area of the City of Mount Airy and its surrounding commercial trade area. The regulations of this district are designed to encourage the continued use of land for community trade and commercial service uses and to promote a concentrated development of permitted uses while maintaining a substantial relationship between the intensity of land uses and the capacity of utilities and streets.
Zone name
Central Business
General category
COMMERCIAL
Zone area
32.36 ac
Building & site characteristics
From public records
Year built
1963
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.55 ac
Current owner
From public records · entity-resolved
BB
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 80615, INDIANAPOLIS, IN 46280-0615
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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