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Property profile & analytics
OFF-MARKET
Estimated value
$6,465,000
Automotive properties
2510 Providence S Rd Waxhaw, NC 28173
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-5830845
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2014
Total area
41,356 SF
Lot
5.35 ac (233,002 SF)
Zoning code
CU C-3 WAXHAW
APN
06-162-023
UPID
US53-5830845
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
$6.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.07M
Blend (final)
Blend
$6.47M
Owner & transaction history
Wal Wax LLC · 4 yrs held
Wal Wax LLC
since 2021
Last sale
$6.6M
7 recorded transactions
Zoning & alternative use
CU C-3 WAXHAW · Waxhaw, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.8M
+3.2%
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 Waxhaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waxhaw 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
Method
Estimation
Statistic approach
$5,955,000
ML approach
$6,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$6,550,000
Current use
OFFICE BUILDING
$6,760,000
Change: +3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,495,000
Change: -1% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$6,270,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$6.47M
Range $5.82M – $7.11M · ±10% · vs last sale $6.63M (Oct 28 2021)
Last sale anchor
$6.63M
Oct 28 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$156 / 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
$46,270
Tax year 2023
Assessed value
$4,559,100
Assessed 2023
Previous assessed
$4,559,100
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$2,134,300
Assessed improvement
$2,424,800
Land market value
$2,134,300
Improvement market value
$2,424,800
Total market value
$4,559,100
Applied tax rate
528.0000
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
Off-Market
Year built
2014
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
6
Bathrooms
3
Total area
41,356 SF
Lot
5.35 ac (233,002 SF)
Zoning code
CU C-3 WAXHAW
APN
06-162-023
UPID
US53-5830845
Jurisdiction
UNION
Zoning & alternative use
CU C-3 WAXHAW · Waxhaw, NC
Zoning CU C-3 WAXHAW · permitted uses
CU C-3 WAXHAW · Waxhaw, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waxhaw. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$6.6M
OFFICE BUILDING
Est. value
$6.8M
COMMERCIAL (GENERAL)
Est. value
$6.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.3M
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Heating
YES
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
3
Lot
5.35 ac
Current owner
From public records · entity-resolved
Wal Wax LLC
Entity
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2021
$6,627,000
Wal Wax LLC
Marilyn W Withrow
Special Warranty Deed
$3,400,000 · Truliant FCU
Oct 30, 2019
—
Metrolina Properties LP
—
Deed
related
$2,500,000 · Towne Bk
Jun 9, 2015
$5,670,500
Metrolina Properties LP
Cuthbertson Rd I LLC
Special Warranty Deed
—
Apr 1, 2010
$1,100,000
Carrington Square Holdings LLC
Cuthbertson Rd I LLC
Grant Deed
related
$1,500,000 · Regions Bank
Sep 18, 2009
$12,250,000
Sara Lighting INC
Cuthbertson Rd I LLC
Grant Deed
$6,500,000 · Riversource Life Insurance
Oct 28, 2008
$1,392,500
Union Power Cooperative
Cuthbertson Rd I LLC
Grant Deed
—
Apr 27, 2006
$1,856,000
Cuthbertson Rd I LLC
Player,caroline R
Warranty Deed
—
—
—
Metrolina Properties LP
—
Deed Of Trust
related
$2,500,000 · Towne Bk
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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