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Property profile & analytics
OFF-MARKET
Auto shops
1008 Old Charlotte Rd Albemarle, NC 28001-5630
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-1619235
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1976
Total area
3,000 SF
Lot
2.27 ac (98,881 SF)
Zoning code
GHBD
APN
653804935011
UPID
US53-1619235
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
-
Waste Management Inc Recycling Center Waste Management Facility
-
Crystal Mini-Storage Center Storage Facility
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
Rescue Unit Of Stanly County INC · 1 yrs held
Rescue Unit Of Stanly County INC
since 2025
Last sale
$200,000
3 recorded transactions
Zoning & alternative use
GHBD · Albemarle, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Albemarle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albemarle 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
$19,358
Tax year 2024
Assessed value
$199,974
Assessed 2024
Previous assessed
$199,974
+0.0% YoY
Effective rate
9.68%
On assessed value
Assessed land
$64,695
Assessed improvement
$135,279
Land market value
$64,695
Improvement market value
$135,279
Total market value
$199,974
Applied tax rate
500.0000
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
1976
Heating
CENTRAL
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
5
Total area
3,000 SF
Lot
2.27 ac (98,881 SF)
Zoning code
GHBD
APN
653804935011
UPID
US53-1619235
Jurisdiction
STANLY
Zoning & alternative use
GHBD · Albemarle, NC
Zoning GHBD · permitted uses
GHBD · Albemarle, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Albemarle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
5
Lot
2.27 ac
Current owner
From public records · entity-resolved
Rescue Unit Of Stanly County INC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 1450, CHICAGO, IL 60690-1450
Ownership since
2025
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
Jan 6, 2026
—
Rescue Unit Of Stanly County INC
—
Deed
related
$109,000 · Uwharrie Bank
Aug 27, 2025
—
Rescue Unit Of Stanly County INC
—
Deed
related
$80,000 · Uwharrie Bank
Mar 18, 2025
$200,000
Rescue Unit Of Stanly County INC
Wasyte Management Of Carolinas INC
Special 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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