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Property profile & analytics
OFF-MARKET
Estimated value
$100,000
Auto shops
11000 Cedar Grv Rd Mint Hill, NC 28227
Individually Owned
4-yr Hold
Free & Clear
Property ID
US53-0994307
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1963
Total area
1,944 SF
Lot
0.8 ac (34,723 SF)
Zoning code
R
APN
13709306
UPID
US53-0994307
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$135k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$100k
Owner & transaction history
Tina Gladden Rice · 4 yrs held
Tina Gladden Rice
since 2022
Last sale
$100,000
1 recorded transaction
Zoning & alternative use
R · Mint Hill, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is designed to encourage the protection of the natural and manmade environment and resources and the retention of existing farm lands, rural estates, forested and water areas and other open type uses. This district contains diverse modes of living and housing types by encouraging building lots of varying size and dwelling unit densities consist…
Zone name
Residential
General category
RESIDENTIAL
Zone area
19,714.25 ac
Source
Realmo
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 Mint Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mint Hill 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
$100,000
ML approach
$135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$100k
Range $90k – $110k · ±10% · vs last sale $100k (Jul 6 2022)
Last sale anchor
$100k
Jul 6 2022
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
$51 / 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
$1,003
Tax year 2023
Assessed value
$143,700
Assessed 2024
Previous assessed
$181,400
-20.8% YoY
Effective rate
0.70%
On assessed value
Assessed land
$110,800
Assessed improvement
$32,900
Land market value
$110,800
Improvement market value
$32,900
Total market value
$143,700
Applied tax rate
17.0000
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
1963
Heating
BASEBOARD
Cooling
NONE
Stories
1
Units
1
Rooms
1
Total area
1,944 SF
Lot
0.8 ac (34,723 SF)
Zoning code
R
APN
13709306
UPID
US53-0994307
Jurisdiction
MECKLENBURG
Zoning & alternative use
R · Mint Hill, NCZoning R · permitted uses
R · Mint Hill, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is designed to encourage the protection of the natural and manmade environment and resources and the retention of existing farm lands, rural estates, forested and water areas and other open type uses. This district contains diverse modes of living and housing types by encouraging building lots of varying size and dwelling unit densities consistent with the stated goals and objectives for promoting and protecting the unique rural and country village character of the Town set forth in the adopted Land Use Plan. Other selected uses, consistent with the needs of the community, are also provided for in this district.
Zone name
Residential
General category
RESIDENTIAL
Zone area
19,714.25 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1963
Heating
BASEBOARD
Cooling
Yes
Stories
1
Units
1
Rooms
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Tina Gladden Rice
Individual
Free & Clear · 4 yrs held
Mailing address
6600 OAK HL RD, MINT HILL, NC 28227-3519
Ownership since
2022
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
Jul 6, 2022
$150,000
Tina Gladden Rice
Donald E Misenheimer
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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