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Property profile & analytics
FOR SALE
Automotive properties
236 Textile Ave, Spindale, NC 28160
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-2493271
For Sale
1 / 34
$259,900
236 Textile Ave, Spindale, NC 28160
View Listing →
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1978
Total area
2,520 SF
Lot
0.33 ac (14,375 SF)
Zoning code
R6
APN
1216457
UPID
US53-2493271
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
-
Choice Care Academy Daycare Center
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
Choice Care Playschool LLC · 4 yrs held
Choice Care Playschool LLC
since 2022
4 recorded transactions
Zoning & alternative use
R6 · Spindale, 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 Spindale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spindale 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 2021Property tax & assessments
Tax year 2021
Tax billed
$1,042
Tax year 2021
Assessed value
$75,200
Assessed 2023
Previous assessed
$75,200
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$10,800
Assessed improvement
$64,400
Land market value
$10,800
Improvement market value
$64,400
Total market value
$75,200
Applied tax rate
12.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
For Sale
Year built
1978
Heating
FORCED AIR
Cooling
PARTIAL
Stories
1
Bathrooms
5
Total area
2,520 SF
Lot
0.33 ac (14,375 SF)
Zoning code
R6
APN
1216457
UPID
US53-2493271
Jurisdiction
RUTHERFORD
Zoning & alternative use
R6 · Spindale, NC
Zoning R6 · permitted uses
R6 · Spindale, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spindale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
5
Lot
0.33 ac
Current owner
From public records · entity-resolved
Choice Care Playschool LLC
Entity
Free & Clear · 4 yrs held
Mailing address
123 PARK LN DR, RUTHERFORDTON, NC 28139-2901
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2022
—
Choice Care Playschool LLC
Elizabeth A Lane
Deed
—
Aug 7, 2014
$55,000
Elizabeth A Lane
Dawn Bray
Warranty Deed
—
Nov 18, 2008
—
Richard Bray
Francis,doug & Sharon
Warranty Deed
related
—
—
—
Richard L Bray
—
Deed Of Trust
related
$49,000 · First National Bank
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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