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Property profile & analytics
OFF-MARKET
Auto shops
1120 Nc 152nd Hwy, China Grove, NC 28023-8478
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-3376953
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1971
Construction
STEEL FRAME
Total area
6,908 SF
Lot
0.86 ac (37,679 SF)
APN
118A021
UPID
US53-3376953
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
T & S Properties Of China Grove LLC · 2 yrs held
T & S Properties Of China Grove LLC
since 2023
Last sale
$500,000
5 recorded transactions
Zoning & alternative use
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 China Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs China Grove 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
$2,003
Tax year 2023
Assessed value
$185,453
Assessed 2023
Previous assessed
$185,453
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$42,120
Assessed improvement
$143,333
Land market value
$42,120
Improvement market value
$143,333
Total market value
$185,453
Applied tax rate
106.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1971
Construction
STEEL FRAME
Heating
YES
Stories
1
Units
1
Total area
6,908 SF
Lot
0.86 ac (37,679 SF)
APN
118A021
UPID
US53-3376953
Jurisdiction
ROWAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1971
Construction
STEEL FRAME
Heating
YES
Stories
1
Units
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
T & S Properties Of China Grove LLC
Entity
Free & Clear · 2 yrs held
Mailing address
412 W KETCHIE ST, CHINA GROVE, NC 28023-2120
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2023
—
T & S Properties Of China Grove LLC
T & S Properties Of China Grove LLC
Intrafamily Transfer
related
—
May 14, 2021
$500,000
T & S Properties Of China Grove LLC
Benjamin Thomas Gable
Warranty Deed
$400,000 · Farmers & Merchants Bank
Dec 30, 2019
$275,000
Benjamin T Gable
Wise Marine Properties LLC
Grant Deed
—
Dec 31, 2015
$200,000
Wise Marine Properties LLC
Wise,gerald F & Mildred F
Warranty Deed
—
Dec 31, 2015
—
Gerald F Wise
Wise Marine Services LLC
Quit Claim 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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