260 StandardElkin, NC 28621

Off market
$3,406,300 Estimated
  • Turn key restaurants
  • 1,864 SF

Property Details for 260 Standard

Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.34 AC
Property size (Sq ft)
1,864 SF
Zone code
B1
Property type
Turn key restaurants
APN
4951-18-42-1004
APU
495118421004

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $300,619
    6.5%
    $277,494
    7%
    $257,673
  • Comparable approach

    Method
    Valuation
    Relative Method
    $596,240
    Geo Method
    $795,437
  • Alternative Use

    Use
    Valuation
    Residential
    $234,077
    Hospitality
    $214,413
    Educational
    $178,389
    Medical
    $184,524
    Retail
    $277,494
260 Standard, Elkin, North Carolina

Location Insight

City
Elkin
County
Surry
State
North Carolina
Latitude
36.2421
Longitude
-80.8509
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
$515
$23,250
$52,750
$76,000
-
$23,250
$52,750
$76,000

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