Technical
Financial
Distress signals
Property profile

110 Carmel Dr King, NC 27021

OFF-MARKET
Gas stations
Property ID
US53-3568829
1,200 SF 0.43 ac lot Built 1985
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,200 SF
Lot 0.43 ac (18,731 SF)
Zoning code B-2
APN 599112777246
UPID US53-3568829

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

110 Carmel Dr King, NC 27021-8512
King metro Census 70506 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$685k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$695k

Owner & transaction history

since 2020
Last sale
$575,000
3 recorded transactions
2020
$575,000
2019
Price N/A
2018
$285,000

Zoning & alternative use

B-2 · King, NC
Zoning description

The intent of the B-2 general business district is to provide areas along the thoroughfares and collector streets for commercial uses, particularly the retailing of goods and services

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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