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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Automotive properties
5101 New Bern Ave, Raleigh, NC 27610-1429
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US53-0954705
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2009
Construction
CONCRETE BLOCKS
Total area
12,098 SF
Lot
3.09 ac (134,600 SF)
Zoning code
CX-3
APN
1734.10-25-9163 0063373
UPID
US53-0954705
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
-
CNAC Car Dealership
-
Byrider Raleigh Car Dealership
-
Car Now Acceptance Co Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$940k
Owner & transaction history
Lloyd Thomas R/e Co LLC · 17 yrs held
Lloyd Thomas R/e Co LLC
since 2008
7 recorded transactions
Zoning & alternative use
CX-3 · Raleigh, 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 Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh 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
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±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
$78 / 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
$29,918
Tax year 2023
Assessed value
$2,744,761
Assessed 2023
Previous assessed
$2,744,761
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,261,263
Assessed improvement
$1,483,498
Land market value
$1,261,263
Improvement market value
$1,483,498
Total market value
$2,744,761
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2009
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
CENTRAL
Stories
1
Rooms
8
Bathrooms
3
Total area
12,098 SF
Lot
3.09 ac (134,600 SF)
Zoning code
CX-3
APN
1734.10-25-9163 0063373
UPID
US53-0954705
Jurisdiction
WAKE
Zoning & alternative use
CX-3 · Raleigh, NC
Zoning CX-3 · permitted uses
CX-3 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
3
Lot
3.09 ac
Current owner
From public records · entity-resolved
Lloyd Thomas R/e Co LLC
Entity
Mailing address
6213 FLANDERS RD, OTTAWA LAKE, MI 49267-9626
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2021
—
Lloyd Thomas Real Estate Co LLC
—
Deed
related
$1,500,000 · Aquesta Bank
May 24, 2018
—
Lloyd Thomas R & E Co LLC
—
Deed
related
$1,710,000 · Select Bk
Jul 21, 2008
$1,050,000
Lloyd Thomas R/e Co LLC
Sauls,robert H
Grant Deed
$650,000 · Fifth Third Bank
—
—
Lloyd Thomas R/e Co LLC
—
Deed Of Trust
related
$343,197 · Newbridge Bank
—
—
Lloyd Thomas R/e Co LLC
—
Deed Of Trust
related
$1,705,302 · Newbridge Bank
—
—
Lloyd Thomas R/e Co LLC
—
Deed Of Trust
related
$1,875,000 · Fifth Third Bank
—
—
Lloyd Thomas R/e Co LLC
—
Deed Of Trust
related
$16,500 · Newbridge Bank
—
—
Lloyd Thomas R & E Co LLC
—
Deed Of Trust
related
$1,710,000 · Select Bk
—
—
Lloyd Thomas R/e Co LLC
—
Deed Of Trust
related
$360,000 · Fifth Third Bank
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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