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Property profile & analytics
OFF-MARKET
Auto shops
101 Harrison St, Salisbury, NC 28144-6431
Individually Owned
11-yr Hold
Free & Clear
Property ID
US53-5323095
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1989
Total area
1,891 SF
Lot
0.18 ac (7,710 SF)
Zoning code
M1
APN
015 425
UPID
US53-5323095
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
-
ESI Security Security Service
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
Esi Electronic Systems Install · 11 yrs held
Esi Electronic Systems Install
since 2014
7 recorded transactions
Zoning & alternative use
M1 · Salisbury, 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 Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,154
Tax year 2023
Assessed value
$96,526
Assessed 2023
Previous assessed
$86,498
+11.6% YoY
Effective rate
1.20%
On assessed value
Assessed land
$46,800
Assessed improvement
$49,726
Land market value
$46,800
Improvement market value
$49,726
Total market value
$96,526
Applied tax rate
101.0000
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
1989
Heating
NONE
Stories
1
Units
1
Total area
1,891 SF
Lot
0.18 ac (7,710 SF)
Zoning code
M1
APN
015 425
UPID
US53-5323095
Jurisdiction
ROWAN
Zoning & alternative use
M1 · Salisbury, NC
Zoning M1 · permitted uses
M1 · Salisbury, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salisbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Stories
1
Units
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Esi Electronic Systems Install
Individual
Free & Clear · 11 yrs held
Mailing address
101 E HARRISON ST, SALISBURY, NC 28144-6431
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2014
$51,000
Esi Electronic Systems Install
Lsb Properties INC
Grant Deed
—
Oct 7, 2013
$52,000
Lsb Properties INC
Trustee Svcs INC
Trustees Deed
related
—
Oct 1, 2013
$52,000
Lsb Properties INC
Coates,timothy H
Grant Deed
—
Jan 18, 2008
$85,000
Timothy Hilton Coates
Marie Dona Peeler
Warranty Deed
$85,000 · Newbridge Bank
Jan 17, 2008
$85,000
Timothy Hilton Coates
Peeler,marie Dona
Grant Deed
$85,000 · Newbridge Bank
Mar 21, 2007
—
Marie D Peeler
Peeler,burton M JR
Quit Claim Deed
related
—
—
—
Timothy H Coates
—
Deed Of Trust
related
$574,538 · Newbridge Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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