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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Automotive properties
281 Concord S Pkwy Concord, NC 28027-6706
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2499540
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1986
Construction
STEEL FRAME
Total area
13,627 SF
Lot
10.34 ac (450,541 SF)
Zoning code
C-2
APN
5610 92 9459
UPID
US53-2499540
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
-
ben Mynatt Cadillac Service Auto Repair Shop
-
Ben Mynatt Chevrolet Parts Auto Parts Store
-
Ben Mynatt Chevrolet Service Auto Repair Shop
-
Ben Mynatt Cadillac Car Dealership
-
Chevrolet Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.03M
Owner & transaction history
Bfm Properties LLC · 2 yrs held
Bfm Properties LLC
since 2024
7 recorded transactions
Zoning & alternative use
C-2 · Concord, 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 Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Concord 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
by Request
ML approach
$1,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10%
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
$75 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$97,317
Tax year 2024
Assessed value
$9,469,530
Assessed 2024
Previous assessed
$8,450,050
+12.1% YoY
Effective rate
1.03%
On assessed value
Assessed land
$2,934,100
Assessed improvement
$6,535,430
Land market value
$2,934,100
Improvement market value
$6,535,430
Total market value
$9,469,530
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
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
7
Stories
1
Bathrooms
16
Total area
13,627 SF
Lot
10.34 ac (450,541 SF)
Zoning code
C-2
APN
5610 92 9459
UPID
US53-2499540
Jurisdiction
CABARRUS
Zoning & alternative use
C-2 · Concord, NC
Zoning C-2 · permitted uses
C-2 · Concord, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Concord. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
7
Bathrooms
16
Lot
10.34 ac
Current owner
From public records · entity-resolved
Bfm Properties LLC
Entity
Mailing address
1980 NC HWY 73RD E, CONCORD, NC 28025-9605
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2024
—
Bfm Properties LLC
—
Deed
related
$2,338,512 · Uwharrie Bank
May 9, 2019
—
Bfm Properties LLC
—
Deed
related
$5,130,840 · Uwharrie Bk
Apr 24, 2014
—
Bfm Properties LLC
—
Grant Deed
related
$6,100,000 · Uwharrie Bk
—
—
Bfm Properties LLC
—
Deed Of Trust
related
$2,000,000 · Uwharrie Bk
—
—
Bfm Properties LLC
—
Deed Of Trust
related
$3,800,000 · Uwharrie Bk
—
—
Bfm Properties LLC
—
Deed Of Trust
related
$450,000 · Uwharrie Bk
—
—
Bfm Properties LLC
—
Loan Modification
related
$5,130,840 · Uwharrie Bk
—
—
Bfm Properties LLC
—
Deed Of Trust
related
$1,800,000 · Cabarrus Bank & 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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