Entity Owned Property summary
AI-generated overview
The property is a five-bay commercial shop located just off Highway 74 on Butler Road in Forest City, North Carolina, on a 0.4-acre lot. It is configured for automotive-oriented use and was previously used as an auto service and detailing shop. The building includes five service bays, custom shop lighting, a 10,000 lb two-post car/truck lift, and four roof-mounted exhaust fans for ventilation, along with an interior layout suitable for a range of commercial applications such as automotive repair and detailing, paint and body work, equipment service, storage, or a small contractor operation.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2002
Total area
2,100 SF
Lot
0.4 ac (17,424 SF)
Zoning code
C3ETJ
APN
1647621
UPID
US53-2854238
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Auto Repair Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$130k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$155k
Owner & transaction history
since 2021
Last sale
$145,000
4 recorded transactions
Zoning & alternative use
C3ETJ · Forest City, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$155k
Value range
$140k – $171k
±10% around blend
Estimated value / SF
$74 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
60
$140k
blend $155k
$171k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,100 SF
Lot area
0.4 ac
Year built
2002
Stories
1
APN
1647621
Zoning
C3ETJ
Assessed value
$61,000
Annual tax
$383
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$212k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.6 mi away · 1,953 SF
10.9 mi away · 1,542 SF
21.1 mi away · 2,400 SF
22.5 mi away · 1,920 SF
23.7 mi away · 1,666 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$155k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 41 sales
$68
+9%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $74/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$145k
Move the market yield to see immediate price impact.
Value / SF
$69
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$9k
$183k
$130k
$102k
$10k
$203k
$145k
$113k
$11k
$223k
$159k
$124k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$67k
4.5 mi · Nov 2025 · $44/SF
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$383
Tax year 2021
Assessed value
$61,000
Assessed 2023
Previous assessed
$61,000
+0.0% YoY
Effective rate
0.63%
On assessed value
Assessed land
$9,300
Assessed improvement
$51,700
Land market value
$9,300
Improvement market value
$51,700
Total market value
$61,000
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2002
Heating
OTHER
Stories
1
Bathrooms
1
Total area
2,100 SF
Lot
0.4 ac (17,424 SF)
Zoning code
C3ETJ
APN
1647621
UPID
US53-2854238
Jurisdiction
RUTHERFORD
Zoning & alternative use
C3ETJ · Forest City, NCZoning C3ETJ · permitted uses
C3ETJ · Forest City, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2002
Heating
OTHER
Stories
1
Bathrooms
1
Lot
0.4 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C3ETJ
Jurisdiction
Forest City, NC
Recorded code
C3ETJ
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C3ETJ in Forest City, NC.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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