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Property profile & analytics
OFF-MARKET
Auto shops
501 Main St Rolesville, NC 27571-9666
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US53-5630162
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2002
Construction
CONCRETE BLOCKS
Total area
3,848 SF
Lot
0.64 ac (27,878 SF)
Zoning code
GC-CZ
APN
1758.08-78-6903 0224460
UPID
US53-5630162
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
-
Pete Smith Tire & Quick Lube Auto Repair Shop
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
Hes INC · 21 yrs held
Hes INC
since 2005
2 recorded transactions
Zoning & alternative use
GC-CZ · Rolesville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The General Commercial (GC) zoning district is established as a district in which the principal use of land is for commercial uses. The GC district allows for wide range of intensities of commercial uses. Regulations of this district are intended to minimize potential effects of commercial activity on residential districts.
Zone name
General Commercial Conditional Zoning
General category
COMMERCIAL
Zone area
179.97 ac
Source
Realmo
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 Rolesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rolesville 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 2023Property tax & assessments
Tax year 2023
Tax billed
$12,321
Tax year 2023
Assessed value
$973,610
Assessed 2023
Previous assessed
$973,610
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$223,024
Assessed improvement
$750,586
Land market value
$223,024
Improvement market value
$750,586
Total market value
$973,610
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
2002
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
3,848 SF
Lot
0.64 ac (27,878 SF)
Zoning code
GC-CZ
APN
1758.08-78-6903 0224460
UPID
US53-5630162
Jurisdiction
WAKE
Zoning & alternative use
GC-CZ · Rolesville, NCZoning GC-CZ · permitted uses
GC-CZ · Rolesville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The General Commercial (GC) zoning district is established as a district in which the principal use of land is for commercial uses. The GC district allows for wide range of intensities of commercial uses. Regulations of this district are intended to minimize potential effects of commercial activity on residential districts.
Zone name
General Commercial Conditional Zoning
General category
COMMERCIAL
Zone area
179.97 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2002
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Hes INC
Entity
Mailing address
703 S BICKETT BLVD, LOUISBURG, NC 27549-2838
Ownership since
2005
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
May 26, 2005
$225,000
Hes INC
Lovelace,fredrick J & Kimberly W
Warranty Deed
$825,000 · Wake Forest Fed'l S&l Assn
May 24, 2005
$750,000
2 Smiths LLC
Hes INC
Warranty Deed
$634,850 · First Citizens Bank & Trust Co
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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