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Property profile & analytics
OFF-MARKET
Estimated value
$5,880,000
Car washes
1370 Maynard Rd Cary, NC 27513-8721
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-1675237
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2022
Construction
BRICK
Total area
2,940 SF
Lot
1.25 ac (54,450 SF)
Zoning code
GCCU
APN
0754.19-61-5486 0063073
UPID
US53-1675237
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
-
Dentista de Diego Dental Office
-
Car wash Car Wash
-
Heroes Car Wash Car Wash
-
Rocket Car wash Car Wash
-
Carolina Auto Spa Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.88M
Owner & transaction history
Hecw 6 INC · 3 yrs held
Hecw 6 INC
since 2023
Last sale
$6.0M
6 recorded transactions
Zoning & alternative use
GCCU · Cary, 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 Cary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cary 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
$5,720,000
ML approach
$5,795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.88M
Range $5.29M – $6.47M · ±10% · vs last sale $6.00M (Mar 31 2023)
Last sale anchor
$6.00M
Mar 31 2023
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
$2,000 / 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
$14,292
Tax year 2023
Assessed value
$1,426,392
Assessed 2023
Previous assessed
$1,426,392
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$778,635
Assessed improvement
$647,757
Land market value
$778,635
Improvement market value
$647,757
Total market value
$1,426,392
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2022
Construction
BRICK
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
2,940 SF
Lot
1.25 ac (54,450 SF)
Zoning code
GCCU
APN
0754.19-61-5486 0063073
UPID
US53-1675237
Jurisdiction
WAKE
Zoning & alternative use
GCCU · Cary, NC
Zoning GCCU · permitted uses
GCCU · Cary, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cary. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2022
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.25 ac
Current owner
From public records · entity-resolved
Hecw 6 INC
Entity
Mailing address
10248 BLACK LOCUST LN, CHARLOTTE, NC 28215-1106
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2023
$6,000,000
Hecw 6 INC
Rocket Wash Express Cary 1 INC
Special Warranty Deed
$5,475,000 · Townebank
Aug 6, 2021
$2,000,000
Rocket Wash Express Cary 1 INC
Arenal Group LLC
Special Warranty Deed
$4,361,400 · Townebank
Jul 9, 2003
$947,500
Arenal Group LLC
—
Grant Deed
related
—
Jul 8, 2003
$947,500
Arenal Group LLC
Three Village Ll
Grant Deed
—
—
—
Arenal Group LLC
—
Deed Of Trust
related
—
—
—
Arenal Group LLC
—
Deed Of Trust
related
$1,812,159 · Branch Banking & 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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