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Property profile & analytics
OFF-MARKET
Auto shops
2893 Us Hwy 70, Connelly Springs, NC 28612
Entity Owned
9-yr Hold
Free & Clear
Property ID
US53-3198041
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1955
Construction
WOOD FRAME
Total area
7,888 SF
Lot
4.78 ac (208,217 SF)
Zoning code
RESIDENTIAL TWO DIST
APN
26631
UPID
US53-3198041
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
Country Squire Leasing Co LLC · 9 yrs held
Country Squire Leasing Co LLC
since 2016
1 recorded transaction
Zoning & alternative use
RESIDENTIAL TWO DIST · Connelly Springs, 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 Connelly Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Connelly Springs 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,521
Tax year 2024
Assessed value
$223,653
Assessed 2024
Previous assessed
$223,653
+0.0% YoY
Effective rate
0.68%
On assessed value
Assessed land
$82,935
Assessed improvement
$140,718
Land market value
$82,935
Improvement market value
$140,718
Total market value
$223,653
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1955
Construction
WOOD FRAME
Heating
YES
Buildings
2
Stories
1
Rooms
6
Bathrooms
3
Total area
7,888 SF
Lot
4.78 ac (208,217 SF)
Zoning code
RESIDENTIAL TWO DIST
APN
26631
UPID
US53-3198041
Jurisdiction
BURKE
Zoning & alternative use
RESIDENTIAL TWO DIST · Connelly Springs, NC
Zoning RESIDENTIAL TWO DIST · permitted uses
RESIDENTIAL TWO DIST · Connelly Springs, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Connelly Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Construction
WOOD FRAME
Heating
YES
Stories
1
Buildings
2
Rooms
6
Bathrooms
3
Lot
4.78 ac
Current owner
From public records · entity-resolved
Country Squire Leasing Co LLC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 98, ICARD, NC 28666-0098
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2016
—
Country Squire Leasing Co LLC
Icard Commercial Industrial Pa
Warranty 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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