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Property profile & analytics
OFF-MARKET
Car washes
2101 Sterling St Morganton, NC 28655-4003
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-4033157
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2006
Construction
STEEL FRAME
Total area
1,598 SF
Lot
0.39 ac (16,988 SF)
Zoning code
HIGH INTENSITY DIST
APN
31304
UPID
US53-4033157
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
-
Classic Car Wash Car Wash
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
High Country Car Wash LLC · 7 yrs held
High Country Car Wash LLC
since 2018
7 recorded transactions
Zoning & alternative use
HIGH INTENSITY DIST · Morganton, 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 Morganton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morganton 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,760
Tax year 2024
Assessed value
$314,372
Assessed 2024
Previous assessed
$314,372
+0.0% YoY
Effective rate
0.56%
On assessed value
Assessed land
$169,160
Assessed improvement
$145,212
Land market value
$169,160
Improvement market value
$145,212
Total market value
$314,372
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
2006
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
1,598 SF
Lot
0.39 ac (16,988 SF)
Zoning code
HIGH INTENSITY DIST
APN
31304
UPID
US53-4033157
Jurisdiction
BURKE
Zoning & alternative use
HIGH INTENSITY DIST · Morganton, NC
Zoning HIGH INTENSITY DIST · permitted uses
HIGH INTENSITY DIST · Morganton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morganton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
High Country Car Wash LLC
Entity
Mailing address
1275 BLOWING ROCK RD #1008, BOONE, NC 28607-6136
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2020
—
High Country Carwash LLC
—
Deed
related
$695,764 · Morganton Svgs Bk Ssb
Nov 30, 2018
$198,000
High Country Car Wash LLC
Morganton Svgs Bk Ssb
Grant Deed
$714,000 · Mfsl Services INC
Jul 14, 2017
—
Morgantonsvgs Bk Ssb
C & A Car Wash LLC
Warranty Deed
related
—
Jul 3, 2017
—
C & A Car Wash LLC
—
Deed
related
$265,000 · Morganton Savings Bk Ssb
May 12, 2017
$225,000
C & A Car Wash LLC
Morganton Savings Bank Ssb
Grant Deed
$265,000 · Morganton Savings Bk Ssb
Apr 25, 2017
—
Morganton Savings Bk Ssb
Super Suds Car Wash LLC
Grant Deed
related
—
Apr 17, 2017
—
Morganton Savings Bank
Super Suds Car Wash LLC
Trustees Deed
related
—
Dec 29, 2016
$975,000
Super Suds Car Wash LLC
Morganton Savings Bk Ssb
Grant Deed
$982,000 · Morganton Svgs Bk Ssb
—
—
High Country Carwash LLC
—
Loan Modification
related
$695,764 · Morganton Svgs Bk Ssb
—
—
C & A Car Wash LLC
—
Loan Modification
related
$265,000 · Morganton Savings Bk Ssb
—
—
Krt And H LLC
—
Deed Of Trust
related
$2,485,600 · Morganton Federal S & L
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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