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Property profile & analytics
OFF-MARKET
Auto shops
221 Lyerly Dr, Salisbury, NC 28146
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-2329471
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1981
Construction
STEEL FRAME
Total area
3,000 SF
Lot
0.83 ac (36,155 SF)
Zoning code
I1:LIGHT IND/SERV
APN
648 138
UPID
US53-2329471
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
Brinkley Construction Group LLC · 1 yrs held
Brinkley Construction Group LLC
since 2024
2 recorded transactions
Zoning & alternative use
I1:LIGHT IND/SERV · Salisbury, 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 Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury 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
$1,537
Tax year 2023
Assessed value
$150,638
Assessed 2023
Previous assessed
$152,474
-1.2% YoY
Effective rate
1.02%
On assessed value
Assessed land
$78,165
Assessed improvement
$72,473
Land market value
$78,165
Improvement market value
$72,473
Total market value
$150,638
Applied tax rate
110.0000
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
1981
Construction
STEEL FRAME
Heating
YES
Stories
1
Units
1
Total area
3,000 SF
Lot
0.83 ac (36,155 SF)
Zoning code
I1:LIGHT IND/SERV
APN
648 138
UPID
US53-2329471
Jurisdiction
ROWAN
Zoning & alternative use
I1:LIGHT IND/SERV · Salisbury, NC
Zoning I1:LIGHT IND/SERV · permitted uses
I1:LIGHT IND/SERV · Salisbury, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salisbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
STEEL FRAME
Heating
YES
Stories
1
Units
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Brinkley Construction Group LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 247, GRANITE QUARRY, NC 28072-0247
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2024
—
Brinkley Construction Group LLC
W F Brinkley & Son Const Co INC
Warranty Deed
—
Dec 31, 2015
—
Chestnut Ridge Ents LLC
Wf Brinkley & Son Const Co INC
Quit Claim Deed
related
—
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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