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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Auto shops
1017 Main St Lincolnton, NC 28092-3835
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0903890
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,000 SF
Lot
0.51 ac (22,085 SF)
Zoning code
G-B
APN
55608
UPID
US53-0903890
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
-
Advance Auto Parts Auto Parts Store
-
UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$714k
Blend (final)
Blend
$725k
Owner & transaction history
Ekl Holdings LLC · 1 yrs held
Ekl Holdings LLC
since 2025
Last sale
$728,000
1 recorded transaction
Zoning & alternative use
G-B · Lincolnton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
3.110 R-O Residential Office District 153.111 O-I Office Institutional District 153.112 N-B Neighborhood Business District 153.113 C-B Central Business District 153.114 CBT Central Business Transitional District 153.115 G-B General Business District 153.115.1 HC Highway Commercial District 153.116 P-B Planned Business District 153.117 GMC General Manufacturi…
Zone name
General Business
General category
COMMERCIAL
Zone area
407.18 ac
Top alternative use upside
Restaurant
$705,000
+43.6%
Commercial (general)
$585,000
+19.2%
Office building
$545,000
+10.8%
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 Lincolnton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincolnton 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
$785,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$495,000
Current use
RESTAURANT
$705,000
Change: +44% · Conversion: Difficult
COMMERCIAL (GENERAL)
$585,000
Change: +19% · Conversion: Moderate
OFFICE BUILDING
$545,000
Change: +11% · Conversion: Difficult
MEDICAL BUILDING
$485,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$725k
Range $653k – $798k · ±10% · vs last sale $728k (Apr 22 2025)
Last sale anchor
$728k
Apr 22 2025
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
$121 / SF
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
$9,185
Tax year 2023
Assessed value
$907,435
Assessed 2023
Previous assessed
$907,435
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$199,631
Assessed improvement
$707,804
Land market value
$199,631
Improvement market value
$707,804
Total market value
$907,435
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
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
6,000 SF
Lot
0.51 ac (22,085 SF)
Zoning code
G-B
APN
55608
UPID
US53-0903890
Jurisdiction
LINCOLN
Zoning & alternative use
G-B · Lincolnton, NCZoning G-B · permitted uses
G-B · Lincolnton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
3.110 R-O Residential Office District 153.111 O-I Office Institutional District 153.112 N-B Neighborhood Business District 153.113 C-B Central Business District 153.114 CBT Central Business Transitional District 153.115 G-B General Business District 153.115.1 HC Highway Commercial District 153.116 P-B Planned Business District 153.117 GMC General Manufacturing and Commercial District 153.117.1 GI General Industrial District 153.118 Reserve
Zone name
General Business
General category
COMMERCIAL
Zone area
407.18 ac
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$495,000
RESTAURANT
Est. value
$705,000
COMMERCIAL (GENERAL)
Est. value
$585,000
OFFICE BUILDING
Est. value
$545,000
MEDICAL BUILDING
Est. value
$485,000
AUTO REPAIR, GARAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Ekl Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
479 FENTON PL, CHARLOTTE, NC 28207-1917
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2025
$728,000
Ekl Holdings LLC
Simmons Holdings Limited Partnershi
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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