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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Auto shops
1006 Bennett St Southern Pines, NC 28387-6303
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-5206135
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1995
Lot
0.46 ac (19,994 SF)
Zoning code
GB
APN
46695
UPID
US53-5206135
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.14M
Owner & transaction history
Longleaf Pines Storage LLC · 4 yrs held
Longleaf Pines Storage LLC
since 2021
Last sale
$1.1M
3 recorded transactions
Zoning & alternative use
GB · Southern Pines, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Single-Family (5) RS-3 - Residential Single-Family (6) RM-1 - Residential Multi-Family Medium Density (7) RM-2 - Residential Multi-Family Low Density (B) Non-Residential or Mixed Use (1) CB - Central Business (2) GB - General Business (3) NB - Neighborhood Business (4) OS - Office/Service (5) I - Industrial (6) FRR - Facilities Resource and Recreation (C) PD…
Zone name
General Business
General category
INDUSTRIAL
Zone area
367.99 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 Southern Pines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southern Pines 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
$1,160,000
ML approach
$1,240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±10% · vs last sale $1.08M (Sep 16 2021)
Last sale anchor
$1.08M
Sep 16 2021
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
—
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
$29,546
Tax year 2024
Assessed value
$4,634,730
Assessed 2024
Previous assessed
$4,634,730
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$212,780
Assessed improvement
$4,421,950
Land market value
$212,780
Improvement market value
$4,421,950
Total market value
$4,634,730
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1995
Heating
NONE
Lot
0.46 ac (19,994 SF)
Zoning code
GB
APN
46695
UPID
US53-5206135
Jurisdiction
MOORE
Zoning & alternative use
GB · Southern Pines, NCZoning GB · permitted uses
GB · Southern Pines, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Single-Family (5) RS-3 - Residential Single-Family (6) RM-1 - Residential Multi-Family Medium Density (7) RM-2 - Residential Multi-Family Low Density (B) Non-Residential or Mixed Use (1) CB - Central Business (2) GB - General Business (3) NB - Neighborhood Business (4) OS - Office/Service (5) I - Industrial (6) FRR - Facilities Resource and Recreation (C) PD - Planned Development District 3.3.2. Conditional Zoning Districts
Zone name
General Business
General category
INDUSTRIAL
Zone area
367.99 ac
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Lot
0.46 ac
Current owner
From public records · entity-resolved
Longleaf Pines Storage LLC
Entity
Free & Clear · 4 yrs held
Mailing address
324 GREENVILLE AVE, WILMINGTON, NC 28403-3514
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2024
—
Longleaf Pines Storage LLC
—
Deed
related
$3,781,250 · First Bank
Aug 25, 2022
—
Longleaf Pines Storage LLC
—
Deed
related
$747,500 · First Bank
Sep 16, 2021
$1,080,000
Longleaf Pines Storage LLC
Csmb Holdings LLC
Warranty Deed
—
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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