Property profile

5501 Garage Ln Holly Springs, NC 27540

OFF-MARKET
Auto shops
Property ID
US53-0066152
1,989 SF 2.35 ac lot Built 1965
Individually Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1965
Construction CONCRETE BLOCKS
Total area 1,989 SF
Lot 2.35 ac (102,366 SF)
Zoning code CB
APN 0648.04-72-5355 0075980
UPID US53-0066152

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5501 Garage Ln Holly Springs, NC 27540
Holly Springs metro Census 53206 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$110k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$50k

Owner & transaction history

since 2021
Last sale
$40,000
3 recorded transactions
2021
$40,000
2009
$100,000
2008
Price N/A

Zoning & alternative use

CB · Holly Springs, NC
Zoning description

CB COMMUNITY BUSINESS The Community Business District accommodates locations along major corridors for moderate to high volume and intensity commercial and mixed-use centers. Activities in this District may include large…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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