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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Auto shops
417 Kentucky Ave Wilmington, NC 28401-6507
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-2061254
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1972
Construction
STEEL FRAME
Total area
7,600 SF
Lot
0.59 ac (25,613 SF)
Zoning code
CS,COMMERCIAL SERVICE
APN
R06005-002-004-000
UPID
US53-2061254
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
-
Reynolds Body & Paint Shop Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$345k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$697k
Blend (final)
Blend
$520k
Owner & transaction history
Qc Reynolds LLC · 3 yrs held
Qc Reynolds LLC
since 2023
1 recorded transaction
Zoning & alternative use
CS,COMMERCIAL SERVICE · Wilmington, 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 Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington 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
$345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$68 / 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
$3,951
Tax year 2023
Assessed value
$467,600
Assessed 2023
Previous assessed
$467,600
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$152,400
Assessed improvement
$315,200
Land market value
$152,400
Improvement market value
$315,200
Total market value
$467,600
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
1972
Construction
STEEL FRAME
Heating
SPACE
Cooling
NONE
Stories
1
Units
1
Bathrooms
1
Total area
7,600 SF
Lot
0.59 ac (25,613 SF)
Zoning code
CS,COMMERCIAL SERVICE
APN
R06005-002-004-000
UPID
US53-2061254
Jurisdiction
NEW HANOVER
Zoning & alternative use
CS,COMMERCIAL SERVICE · Wilmington, NC
Zoning CS,COMMERCIAL SERVICE · permitted uses
CS,COMMERCIAL SERVICE · Wilmington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wilmington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Qc Reynolds LLC
Entity
Free & Clear · 3 yrs held
Mailing address
715 CANAL DR, CAROLINA BCH, NC 28428-6032
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2023
—
Qc Reynolds LLC
April Robin Law
Intrafamily Transfer
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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