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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Skating rinks
103 New Rand Rd Garner, NC 27529-3339
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US53-5562056
Property profile
Verified
Property type
Skating rinks
Use group
SKATING RINK, ICE SKATING, ROLLER SKATING
Year built
1975
Total area
29,938 SF
Lot
3.22 ac (140,263 SF)
Zoning code
LI
APN
1711.20-81-6553 0093218
UPID
US53-5562056
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
-
Polar Ice Garner Ice Skating Rink Hockey Rink
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$765k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$924k
Blend (final)
Blend
$845k
Owner & transaction history
Garner Ice House LLC · 17 yrs held
Garner Ice House LLC
since 2008
7 recorded transactions
Zoning & alternative use
LI · Garner, 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 Garner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garner 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
by Request
ML approach
$765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$845k
Range $761k – $930k · ±10%
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
$28 / 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
$22,632
Tax year 2023
Assessed value
$1,720,675
Assessed 2023
Previous assessed
$1,720,675
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$561,052
Assessed improvement
$1,159,623
Land market value
$561,052
Improvement market value
$1,159,623
Total market value
$1,720,675
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
Skating rinks
Use group
SKATING RINK, ICE SKATING, ROLLER SKATING
Status
Off-Market
Year built
1975
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
29,938 SF
Lot
3.22 ac (140,263 SF)
Zoning code
LI
APN
1711.20-81-6553 0093218
UPID
US53-5562056
Jurisdiction
WAKE
Zoning & alternative use
LI · Garner, NC
Zoning LI · permitted uses
LI · Garner, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garner. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
3.22 ac
Current owner
From public records · entity-resolved
Garner Ice House LLC
Entity
Mailing address
1820 E RAY RD, CHANDLER, AZ 85225-8720
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2026
—
Garner Ice House LLC
—
Deed
related
$2,220,000 · Td Bank
Feb 12, 2020
—
Garner Ice House LLC
—
Deed
related
$4,293,894 · Td Bk NA
Jun 6, 2018
—
Garner Ice House LLC
—
Deed
related
$5,516,000 · Td Bk NA
Nov 10, 2008
$1,900,000
Garner Ice House LLC
Ivre LLC
Grant Deed
related
$5,100,000 · Td Bank NA
—
—
Garner Ice House LLC
—
Loan Modification
related
$4,293,894 · Td Bk NA
—
—
Garner Ice House LLC
—
Loan Modification
related
$1,760,741 · Td Bk NA
—
—
Garner Ice House LLC
—
Loan Modification
related
$5,244,712 · Td Bk NA
—
—
Garner Ice House LLC
—
Deed Of Trust
related
$2,000,000 · Td Bk NA
—
—
Garner Ice House LLC
—
Loan Modification
related
$4,516,000 · Td Bk NA
—
—
Garner Ice House LLC
—
Deed Of Trust
related
$1,543,165 · Td Bk NA
—
—
Garner Ice House LLC
—
Deed Of Trust
related
$1,760,741 · Td Bk NA
—
—
Garner Ice House LLC
—
Deed Of Trust
related
$5,516,000 · Td Bk NA
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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