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Property profile & analytics
OFF-MARKET
Strip malls
701 Pne St Mount Airy, NC 27030-4574
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-4472030
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2002
Construction
STEEL FRAME
Total area
7,800 SF
Lot
3.22 ac (140,263 SF)
Zoning code
B4
APN
5020-14-34-3284
UPID
US53-4472030
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
-
Diamond Nails Nail Salon
-
Subway Take-out & Catering
-
Bark Mobile Mobile Phone Store Electronics & Wireless Store
-
Travis S. Hall, RPh Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Edgewood Commons LLC · 4 yrs held
Edgewood Commons LLC
since 2021
1 recorded transaction
Zoning & alternative use
B4 · Mount Airy, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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. B-4 Highway Business District The B -4 Highway Business Districts are generally located on major thoroughfares and collector streets in the…
Zone name
Highway Business
General category
COMMERCIAL
Zone area
801.76 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,888
Tax year 2024
Assessed value
$1,791,350
Assessed 2024
Previous assessed
$1,791,350
+0.0% YoY
Effective rate
0.55%
On assessed value
Assessed land
$338,100
Assessed improvement
$1,453,250
Land market value
$338,100
Improvement market value
$1,453,250
Total market value
$1,791,350
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
7,800 SF
Lot
3.22 ac (140,263 SF)
Zoning code
B4
APN
5020-14-34-3284
UPID
US53-4472030
Jurisdiction
SURRY
Zoning & alternative use
B4 · Mount Airy, NCZoning B4 · permitted uses
B4 · Mount Airy, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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. B-4 Highway Business District The B -4 Highway Business Districts are generally located on major thoroughfares and collector streets in the Mount Airy p lanning area. Because these business areas are subject to public view
Zone name
Highway Business
General category
COMMERCIAL
Zone area
801.76 ac
Building & site characteristics
From public records
Year built
2002
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Lot
3.22 ac
Current owner
From public records · entity-resolved
Edgewood Commons LLC
Entity
Mailing address
112 BECKY LN, MOUNT AIRY, NC 27030-7780
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2021
—
Edgewood Commons LLC
Gary T Yrok
Quit Claim Deed
related
—
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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