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Property profile & analytics
OFF-MARKET
Auto shops
355 Us Hwy 221a, Forest City, NC 28043-5903
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-3292730
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1987
Total area
6,000 SF
Lot
1.47 ac (64,033 SF)
Zoning code
C3ETJ
APN
1616537
UPID
US53-3292730
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
Infinity Holdings Iiii LLC · 3 yrs held
Infinity Holdings Iiii LLC
since 2023
Last sale
$200,000
5 recorded transactions
Zoning & alternative use
C3ETJ · Forest City, 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 Forest City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest City 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 2021Property tax & assessments
Tax year 2021
Tax billed
$1,169
Tax year 2021
Assessed value
$184,700
Assessed 2023
Previous assessed
$184,700
+0.0% YoY
Effective rate
0.63%
On assessed value
Assessed land
$64,400
Assessed improvement
$120,300
Land market value
$64,400
Improvement market value
$120,300
Total market value
$184,700
Applied tax rate
4.0000
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
1987
Heating
OTHER
Cooling
AC.FAN COOLING
Stories
1
Bathrooms
1
Total area
6,000 SF
Lot
1.47 ac (64,033 SF)
Zoning code
C3ETJ
APN
1616537
UPID
US53-3292730
Jurisdiction
RUTHERFORD
Zoning & alternative use
C3ETJ · Forest City, NC
Zoning C3ETJ · permitted uses
C3ETJ · Forest City, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
OTHER
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.47 ac
Current owner
From public records · entity-resolved
Infinity Holdings Iiii LLC
Entity
Mailing address
27101 US HWY 27, LEESBURG, FL 34748-9045
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2023
—
Infinity Holdings Iiii LLC
John Voss
Quit Claim Deed
related
—
Apr 9, 2021
$200,000
John Voss
Hugh Holland Ray
Warranty Deed
—
Feb 28, 2020
$165,000
Ray H Holland
Chad N Holland
Warranty Deed
—
—
—
Auto Sales Holland
—
Deed Of Trust
related
$150,000 · Carter Bank & Trust
—
—
Auto Sales Holland
—
Deed Of Trust
related
$203,000 · Carter Bank & Trust
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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