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Property profile & analytics
OFF-MARKET
Auto shops
4870 Nc Hwy 50th S, Benson, NC 27504-8637
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US53-1069708
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1996
Total area
5,574 SF
Lot
0.86 ac (37,462 SF)
Zoning code
RAG
APN
01G12096
UPID
US53-1069708
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
Jeremy D Norris · 8 yrs held
Jeremy D Norris
since 2017
6 recorded transactions
Zoning & alternative use
RAG · Benson, 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 Benson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Benson 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,400
Tax year 2024
Assessed value
$171,850
Assessed 2024
Previous assessed
$198,970
-13.6% YoY
Effective rate
0.81%
On assessed value
Assessed land
$18,280
Assessed improvement
$153,570
Land market value
$18,280
Improvement market value
$153,570
Total market value
$171,850
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
1996
Heating
FORCED AIR
Cooling
NONE
Stories
1
Units
1
Bathrooms
6
Total area
5,574 SF
Lot
0.86 ac (37,462 SF)
Zoning code
RAG
APN
01G12096
UPID
US53-1069708
Jurisdiction
JOHNSTON
Zoning & alternative use
RAG · Benson, NC
Zoning RAG · permitted uses
RAG · Benson, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Benson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
6
Lot
0.86 ac
Current owner
From public records · entity-resolved
Jeremy D Norris
Individual
Mailing address
4870 NC HWY 50TH S, BENSON, NC 27504-8637
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2017
—
Jeremy D Norris
—
Deed
related
$150,000 · Select Bank & Trust Co
Nov 18, 2016
—
Jeremy D Norris
—
Trustees Deed
related
$750,000 · Select Bk
—
—
Jeremy D Norris
—
Deed Of Trust
related
$325,000 · Four Oaks Bank & Trust Co
—
—
Jeremy D Norris
—
Deed Of Trust
related
$150,000 · Four Oaks Bank & Trust Co
—
—
Jeremy D Norris
—
Deed Of Trust
related
$250,000 · Dunn Area Committee/100 INC
—
—
Jeremy D Norris
—
Deed Of Trust
related
$256,000 · Four Oaks Mortgage Co LP
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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