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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Auto shops
179 Davidson Gtwy Dr Davidson, NC 28036-7083
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-4055904
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2014
Total area
10,382 SF
Lot
1.32 ac (57,586 SF)
Zoning code
C
APN
323192
UPID
US53-4055904
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
-
Woodie's Auto Service® and Repair Centers 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
$725k
Owner & transaction history
Kings Crown LLC · 11 yrs held
Kings Crown LLC
since 2014
2 recorded transactions
Zoning & alternative use
C · Davidson, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
al Planning Area (Storyhill Church) Linden Cotton Mill Novel Davidson (Potts Street Residential) Oak Hill Ph. 2 Parkside (Hoke Master Plan) Plattner Office Building River Run Phase 6 Master Plan Summers Walk - Phases 6A-C Summers Walk Phase 6D Summit Farms Conditional Master Plan Recently Completed Development Projects Submit a Permit Text & Map Amendments D…
Zone name
Conditional
General category
COMMERCIAL
Zone area
1,254.57 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 Davidson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davidson 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
$70 / 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
$18,704
Tax year 2023
Assessed value
$2,530,700
Assessed 2024
Previous assessed
$2,588,600
-2.2% YoY
Effective rate
0.74%
On assessed value
Assessed land
$1,009,600
Assessed improvement
$1,521,100
Land market value
$1,009,600
Improvement market value
$1,521,100
Total market value
$2,530,700
Applied tax rate
3.0000
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
2014
Heating
NONE
Cooling
AC.PACKAGE
Stories
2
Total area
10,382 SF
Lot
1.32 ac (57,586 SF)
Zoning code
C
APN
323192
UPID
US53-4055904
Jurisdiction
MECKLENBURG
Zoning & alternative use
C · Davidson, NCZoning C · permitted uses
C · Davidson, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
al Planning Area (Storyhill Church) Linden Cotton Mill Novel Davidson (Potts Street Residential) Oak Hill Ph. 2 Parkside (Hoke Master Plan) Plattner Office Building River Run Phase 6 Master Plan Summers Walk - Phases 6A-C Summers Walk Phase 6D Summit Farms Conditional Master Plan Recently Completed Development Projects Submit a Permit Text & Map Amendments Department Advisory Boards Transportation Planning Davidson Mobility Plan Transit
Zone name
Conditional
General category
COMMERCIAL
Zone area
1,254.57 ac
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.32 ac
Current owner
From public records · entity-resolved
Kings Crown LLC
Entity
Mailing address
6500 SS BLVD, CHARLOTTE, NC 28217-4374
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Aug 15, 2014
—
Kings Crown LLC
—
Trustees Deed
related
$1,607,500 · First Citizens Bk
—
—
Kings Crown LLC
—
Deed Of Trust
related
$1,193,000 · * Other Institutional Lenders
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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