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    Property profile & analytics

    948 Johnson Rdg Rd Elkin, NC 28621-2212

    • Medical offices
    • 4,208 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Last Sale
    Sep 29, 2020
    $260,000
    Location Intelligence
    Property ID
    US53-4134605
    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

    • Grace Clinic of Yadkin Valley / Medical Clinic / Family Practice Physician
    • Erlandson Health / Family Practice Physician
    • Stephen Eric Erlandson / Family Practice Physician

    Property Details for 948 Johnson Rdg Rd

    Year built
    1930
    Construction
    WOOD
    Lot size
    0.68 lot acres
    Property size
    4,208 SF
    Zone code
    B2
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    4952-15-73-0155
    APU
    495215730155

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $255,000
      6.5%
      $230,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $245,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $245,000
      Mixed-Use
      $205,000
      Hospitality
      $210,000
      Educational
      $260,000
      Residential Income
      $225,000
      Energy
      $270,000
      Income-Based Land
      $260,000
      Food Service
      $225,000

    Location Insight

    • Map
    • Local Demand
    City
    Elkin
    County
    Surry
    State
    North Carolina
    Longitude
    -80.8419
    Latitude
    36.2725
    CBSA code
    34340
    CBSA name
    MOUNT AIRY, NC MICROPOLITAN 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
    2024
    $0.00
    $93,750
    $207,170
    $300,920
    -
    $93,750
    $207,170
    $300,920

    Comparable in this City

    • Value Estimation
      $505,000
      1,305 SF

      716 Johnson Rdg Rd

      MEDICAL BUILDING • 1,305 SF
      716 Johnson Rdg Rd, Elkin, NC 28621-2424
      View Details
    • Value Estimation by Request
      131 SF

      150 Parkwood Dr

      MEDICAL BUILDING • 131 SF
      150 Parkwood Dr, Elkin, NC 28621-2430
      View Details
    • Value Estimation by Request
      144 SF

      716 Johnson Rdg Rd

      MEDICAL BUILDING • 144 SF
      716 Johnson Rdg Rd, Elkin, NC 28621-2424
      View Details
    • Value Estimation
      $220,000
      3,264 SF

      107 Carter Ml Rd

      MEDICAL BUILDING • 3,264 SF
      107 Carter Ml Rd, Elkin, NC 28621-2142
      View Details
    • Value Estimation by Request
      10,064 SF

      942 Johnson Rdg Rd

      MEDICAL BUILDING • 10,064 SF
      942 Johnson Rdg Rd, Elkin, NC 28621-2212
      View Details
    • Value Estimation
      $435,000
      1,246 SF

      222 Main St

      MEDICAL BUILDING • 1,246 SF
      222 Main St, Elkin, NC 28621-3447
      View Details

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    Similar Nearby for Lease

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    Elkin, NC 28621-2212
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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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