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Property profile & analytics
OFF-MARKET
Gas stations
1122 Aspen St Lincolnton, NC 28092-3112
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-0900458
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,142 SF
Lot
0.48 ac (20,691 SF)
Zoning code
R-8
APN
17161
UPID
US53-0900458
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
-
Rhodes Brothers Services Station Auto Repair Shop
-
Texaco Gas Station
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Zeus Auto Repair & Performance Auto Repair Shop
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
C And R Holdings Co LLP · 4 yrs held
C And R Holdings Co LLP
since 2022
Last sale
$238,000
3 recorded transactions
Zoning & alternative use
R-8 · Lincolnton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
onditional districts Zoning District Regulations 153.105 R-25 Rural Residential District 153.106 R-15 Single-Family Low Density Residential District 153.107 R-10 Single-Family Medium Density Residential District 153.108 R-8 Single and Two-Family Medium Density Residential District 153.109 RMF Residential Multi-Family District 153.110 R-O Residential Office D…
Zone name
Residential
General category
RESIDENTIAL
Zone area
783.17 ac
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
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
$2,722
Tax year 2023
Assessed value
$248,443
Assessed 2023
Previous assessed
$248,443
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$108,627
Assessed improvement
$139,816
Land market value
$108,627
Improvement market value
$139,816
Total market value
$248,443
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Buildings
2
Stories
1
Total area
2,142 SF
Lot
0.48 ac (20,691 SF)
Zoning code
R-8
APN
17161
UPID
US53-0900458
Jurisdiction
LINCOLN
Zoning & alternative use
R-8 · Lincolnton, NCZoning R-8 · permitted uses
R-8 · Lincolnton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
onditional districts Zoning District Regulations 153.105 R-25 Rural Residential District 153.106 R-15 Single-Family Low Density Residential District 153.107 R-10 Single-Family Medium Density Residential District 153.108 R-8 Single and Two-Family Medium Density Residential District 153.109 RMF Residential Multi-Family District 153.110 R-O Residential Office District 153.111 O-I Office Institutional District 153.112 N-B Neighborhood Business
Zone name
Residential
General category
RESIDENTIAL
Zone area
783.17 ac
Building & site characteristics
From public records
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Buildings
2
Lot
0.48 ac
Current owner
From public records · entity-resolved
C And R Holdings Co LLP
Entity
Mailing address
1122 S ASPEN ST, LINCOLNTON, NC 28092-3112
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2022
$238,000
C And R Holdings Co LLP
John Rankin Rhodes
Warranty Deed
$178,500 · First Citizens Bank & Trust Co
Jul 15, 2002
—
John Rhodes
—
Deed Of Trust
related
—
Jun 14, 2002
—
Margaret R Rhodes
—
Deed Of Trust
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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