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Property profile & analytics
OFF-MARKET
Auto shops
2315 Davis Dr, Cary, NC 27519-8480
Entity Owned
8-yr Hold
Free & Clear
Property ID
US53-0664557
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1998
Construction
BRICK
Total area
5,304 SF
Lot
1.03 ac (44,867 SF)
Zoning code
GCCU
APN
0744.04-51-2967 0210724
UPID
US53-0664557
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
-
Mr. Tire Auto Service Centers (Bike/Boat/Book/etc) Store Auto Parts Store
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
Realty Inv · 8 yrs held
Realty Inv
since 2018
7 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
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
$14,878
Tax year 2023
Assessed value
$1,484,786
Assessed 2023
Previous assessed
$1,484,786
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$712,784
Assessed improvement
$772,002
Land market value
$712,784
Improvement market value
$772,002
Total market value
$1,484,786
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
1998
Construction
BRICK
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
5,304 SF
Lot
1.03 ac (44,867 SF)
Zoning code
GCCU
APN
0744.04-51-2967 0210724
UPID
US53-0664557
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
1998
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Realty Inv
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2020
—
Realty Investments LLC
—
Deed
related
$4,000,000 · Miscellaneous Ins Co
May 24, 2018
—
Realty Inv
Jsmiv LLC
Grant Deed
related
—
Jul 19, 2017
$1,815,000
Jsmiv LLC
Cbck Properties LLC
Grant Deed
$1,000,000 · Paragon Com'l Bk
Aug 10, 2009
$1,214,000
Cbck Properties LLC
Tarheel Management Co INC
Warranty Deed
—
May 4, 2006
—
Colony Tire Corp
Tarheel Management Co INC
Grant Deed
related
—
—
—
Tarheel Management Co INC
—
Deed Of Trust
related
$200,000 · Branch Banking & Trust Co
—
—
Tarheel Management Co INC
—
Deed Of Trust
related
$750,000 · Standard Insurance Co
—
—
Realty Investments LLC
—
Deed Of Trust
related
$4,000,000 · Miscellaneous Ins Co
—
—
Tarheel Management Co INC
—
Deed Of Trust
related
$1,250,000 · 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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