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Property profile & analytics
OFF-MARKET
Auto shops
3480 Gribble Rd Matthews, NC 28104-8105
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1256836
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1977
Total area
5,000 SF
Lot
0.92 ac (40,075 SF)
Zoning code
HI INDIAN TRAIL
APN
07-129-536
UPID
US53-1256836
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
Primus Properties LLC · 10 yrs held
Primus Properties LLC
since 2016
3 recorded transactions
Zoning & alternative use
HI INDIAN TRAIL · Matthews, 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 Matthews submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Matthews 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,559
Tax year 2023
Assessed value
$155,400
Assessed 2023
Previous assessed
$155,400
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$102,100
Assessed improvement
$53,300
Land market value
$102,100
Improvement market value
$53,300
Total market value
$155,400
Applied tax rate
620.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1977
Heating
YES
Stories
1
Total area
5,000 SF
Lot
0.92 ac (40,075 SF)
Zoning code
HI INDIAN TRAIL
APN
07-129-536
UPID
US53-1256836
Jurisdiction
UNION
Zoning & alternative use
HI INDIAN TRAIL · Matthews, NC
Zoning HI INDIAN TRAIL · permitted uses
HI INDIAN TRAIL · Matthews, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Matthews. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
YES
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Primus Properties LLC
Entity
Mailing address
6224 TAN YARD RD, MATTHEWS, NC 28104-6201
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2019
—
Primus Properties LLC
—
Deed
related
$135,000 · Action Garbage Service INC
Mar 24, 2016
$148,500
Primus Properties LLC
Action Garbage Service INC
Warranty Deed
$135,000 · Action Garbage Service INC
—
—
Primus Properties LLC
—
Loan Modification
related
$135,000 · Action Garbage Service INC
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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