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Property profile & analytics
OFF-MARKET
Auto shops
1415 Us 70th W Hwy Garner, NC 27529-2553
Entity Owned
8-yr Hold
Free & Clear
Property ID
US53-2014194
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1997
Construction
CONCRETE BLOCKS
Total area
4,032 SF
Lot
0.72 ac (31,363 SF)
Zoning code
CMX
APN
1701.07-57-4759 0031568
UPID
US53-2014194
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
Monro INC · 8 yrs held
Monro INC
since 2018
2 recorded transactions
Zoning & alternative use
CMX · Garner, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is designed to accommodate general commercial, retail, and service activities that serve the whole community. Offices and very light industrial uses may also be appropriate depending on the context. This district serves a wide range of users and may draw customers from outside of the town. it must have good automobile access and access to trans…
Zone name
Commercial Mixed Use
General category
MIXED_USE
Zone area
1,400.57 ac
Source
Realmo
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 Garner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garner 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
$11,881
Tax year 2023
Assessed value
$925,316
Assessed 2023
Previous assessed
$925,316
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$439,082
Assessed improvement
$486,234
Land market value
$439,082
Improvement market value
$486,234
Total market value
$925,316
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1997
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
4,032 SF
Lot
0.72 ac (31,363 SF)
Zoning code
CMX
APN
1701.07-57-4759 0031568
UPID
US53-2014194
Jurisdiction
WAKE
Zoning & alternative use
CMX · Garner, NCZoning CMX · permitted uses
CMX · Garner, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is designed to accommodate general commercial, retail, and service activities that serve the whole community. Offices and very light industrial uses may also be appropriate depending on the context. This district serves a wide range of users and may draw customers from outside of the town. it must have good automobile access and access to transit is preferred. Pedestrian connectivity is also important.
Zone name
Commercial Mixed Use
General category
MIXED_USE
Zone area
1,400.57 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1997
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Monro INC
Entity
Free & Clear · 8 yrs held
Mailing address
6920 POINTE INVERNESS WAY STE #301, FORT WAYNE, IN 46804-7926
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2018
$1,080,000
Monro INC
Cbck Properties LLC
Warranty Deed
—
Nov 13, 2008
$645,000
Cbck Properties LLC
Ktl Ents LLC
Warranty Deed
related
$600,000 · Rbc Bank (usa)
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.
Try Rey
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