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Property profile & analytics
OFF-MARKET
Automotive properties
300 New Market Blvd, Boone, NC 28607-3673
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-2644591
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1996
Total area
286 SF
Lot
5.73 ac (249,599 SF)
Zoning code
BOB3
APN
2910-49-2751-000
UPID
US53-2644591
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
-
Modern Ford of Boone Service Auto Repair Shop
-
Modern Ford of Boone Parts Center Auto Repair Shop Vehicle Inspection Center
-
Modern Ford of Boone Car Dealership Auto Repair Shop
-
Blink Charging Station Electric Vehicle Charging Station
-
Modern Ford of Boone Parts 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
Mfob Properties LLC · 9 yrs held
Mfob Properties LLC
since 2016
7 recorded transactions
Zoning & alternative use
BOB3 · Boone, 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 Boone submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boone 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
Property tax & assessments
Assessed value
$3,720,250
Assessed 2023
Previous assessed
$3,720,250
+0.0% YoY
Assessed land
$2,092,500
Assessed improvement
$1,627,750
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
1996
Heating
YES
Cooling
NONE
Buildings
2
Total area
286 SF
Lot
5.73 ac (249,599 SF)
Zoning code
BOB3
APN
2910-49-2751-000
UPID
US53-2644591
Jurisdiction
WATAUGA
Zoning & alternative use
BOB3 · Boone, NC
Zoning BOB3 · permitted uses
BOB3 · Boone, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boone. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
YES
Cooling
Yes
Buildings
2
Lot
5.73 ac
Current owner
From public records · entity-resolved
Mfob Properties LLC
Entity
Free & Clear · 9 yrs held
Mailing address
3901 WESTPOINT BLVD, WINSTON SALEM, NC 27103-6721
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 19, 2019
—
Mfob Properties LLC
—
Grant Deed
related
$21,420,000 · Pnc Bk
Oct 3, 2016
$4,760,000
Mfob Properties LLC
Boone Properties Holdings INC
Grant Deed
—
Oct 3, 2016
—
Mfob Properties LLC
—
Deed
related
$7,600,000 · Capital Bk
May 5, 2016
—
Boone Properties Holdings INC
—
Deed
related
$500,000 · Modern Automotive Network LLC
Dec 28, 2007
—
Boone Properties Holdings INC
—
Trustees Deed
related
$250,000 · Af Bank
—
—
Boone Properties Holdings INC
—
Deed Of Trust
related
$500,000 · Branch Banking & Trust Co
—
—
Boone Properties Holdings INC
—
Deed Of Trust
related
$500,000 · Modern Automotive Network LLC
—
—
Boone Properties Holdings INC
—
Deed Of Trust
related
$1,950,000 · Af 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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