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Property profile & analytics
OFF-MARKET
Auto shops
1321 Grn Farm Rd, Asheboro, NC 27205-2644
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-1621554
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1975
Construction
WOOD FRAME
Total area
1,298 SF
Lot
9.38 ac (408,593 SF)
Zoning code
LICD
APN
7732572024
UPID
US53-1621554
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
-
U-Haul Neighborhood Dealer Car Rental Facility
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
Glandon Forest Equity LLC · 2 yrs held
Glandon Forest Equity LLC
since 2024
Last sale
$185,000
3 recorded transactions
Zoning & alternative use
LICD · Asheboro, NC
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 Asheboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Asheboro 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
$1,522
Tax year 2023
Assessed value
$221,390
Assessed 2023
Previous assessed
$221,390
+0.0% YoY
Effective rate
0.69%
On assessed value
Assessed land
$148,780
Assessed improvement
$72,610
Land market value
$148,780
Improvement market value
$72,610
Total market value
$221,390
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
1975
Construction
WOOD FRAME
Heating
OTHER
Cooling
NONE
Buildings
2
Stories
1
Total area
1,298 SF
Lot
9.38 ac (408,593 SF)
Zoning code
LICD
APN
7732572024
UPID
US53-1621554
Jurisdiction
RANDOLPH
Zoning & alternative use
LICD · Asheboro, NC
Zoning LICD · permitted uses
LICD · Asheboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Asheboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
WOOD FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
2
Lot
9.38 ac
Current owner
From public records · entity-resolved
Glandon Forest Equity LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3825 BARRETT DR STE #100, RALEIGH, NC 27609-7221
Ownership since
2024
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
Feb 16, 2024
$185,000
Glandon Forest Equity LLC
Dmn Properties LLC
Warranty Deed
—
Oct 14, 2021
$175,000
Dmn Properties LLC
Baybuilt Properties LLC
Warranty Deed
$131,250 · Pinncacle Bank
—
—
Fred D Davis
—
Deed Of Trust
related
$505,123 · Randolph Bank & Trust Co
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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