Technical
Financial
Distress signals
Property profile

116 Carmel Dr King, NC 27021

OFF-MARKET
Car washes
Property ID
US53-3666656
4,375 SF 1.35 ac lot
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Car washes
Use group CAR WASH
Total area 4,375 SF
Lot 1.35 ac (58,806 SF)
Zoning code B-2
APN 599111773293
UPID US53-3666656

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
  • Car Wash

Location

116 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
$690k
CAP Approach CAP
by Request
Comparable Approach Comparable
$661k
Blend (final) Blend
$755k

Owner & transaction history

since 2020
Last sale
$625,000
1 recorded transaction
2020
$625,000

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
Top alternative use upside
Commercial (general) $625,000 +41.0%

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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