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Property profile & analytics
OFF-MARKET
Estimated value
$260,000
Auto shops
357 Branson Ml Rd Randleman, NC 27317-8008
Individually Owned
3-yr Hold
Free & Clear
Property ID
US53-2029656
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1970
Construction
STEEL FRAME
Total area
6,000 SF
Lot
4.93 ac (214,751 SF)
Zoning code
LI
APN
7768206549
UPID
US53-2029656
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
-
Petty Shine Car Wash
-
Moonshine Speed Shop Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$483k
Blend (final)
Blend
$260k
Owner & transaction history
Timothy Wayne Petty · 3 yrs held
Timothy Wayne Petty
since 2023
2 recorded transactions
Zoning & alternative use
LI · Randleman, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
CHAPTER 154: ZONING
Top alternative use upside
Apartment house (5+ units)
$750,000
+75.7%
Restaurant
$725,000
+69.8%
Office building
$440,000
+2.4%
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 Randleman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Randleman 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$430,000
Current use
APARTMENT HOUSE (5+ UNITS)
$750,000
Change: +76% · Conversion: Difficult
RESTAURANT
$725,000
Change: +70% · Conversion: Difficult
OFFICE BUILDING
$440,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$425,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$260k
Range $234k – $286k · ±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
$43 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,033
Tax year 2023
Assessed value
$466,580
Assessed 2023
Previous assessed
$361,160
+29.2% YoY
Effective rate
0.65%
On assessed value
Assessed land
$66,610
Assessed improvement
$399,970
Land market value
$66,610
Improvement market value
$399,970
Total market value
$466,580
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
1970
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
6,000 SF
Lot
4.93 ac (214,751 SF)
Zoning code
LI
APN
7768206549
UPID
US53-2029656
Jurisdiction
RANDOLPH
Zoning & alternative use
LI · Randleman, NCZoning LI · permitted uses
LI · Randleman, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CHAPTER 154: ZONING
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$430,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$750,000
RESTAURANT
Est. value
$725,000
OFFICE BUILDING
Est. value
$440,000
RETAIL STORES
Est. value
$425,000
AUTO REPAIR, GARAGE Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
4.93 ac
Current owner
From public records · entity-resolved
Timothy Wayne Petty
Individual
Free & Clear · 3 yrs held
Mailing address
357 BRANSON ML RD, RANDLEMAN, NC 27317-8008
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2023
—
Timothy Wayne Petty
Elizabeth Anne Petty Kratzenberg
Intrafamily Transfer
related
—
Mar 8, 2016
—
Petty,maurice E Trust
Petty Patricia H
Quit Claim 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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