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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Auto shops
6110 Nc 16th Business Hwy Denver, NC 28037
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1553716
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2021
Construction
METAL FRAME
Total area
6,237 SF
Lot
5.46 ac (237,838 SF)
Zoning code
HC
APN
3686-15-63-8937
UPID
US53-1553716
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
$615k
Blend (final)
Blend
$640k
Owner & transaction history
Boyce Lynch INC · 19 yrs held
Boyce Lynch INC
since 2007
5 recorded transactions
Zoning & alternative use
HC · Denver, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$730,000
+14.9%
Commercial (general)
$675,000
+6.1%
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 Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$635,000
Current use
APARTMENT HOUSE (5+ UNITS)
$730,000
Change: +15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$675,000
Change: +6% · Conversion: Moderate
RETAIL STORES
$600,000
Change: -5% · Conversion: Difficult
OFFICE BUILDING
$570,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$103 / 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
$8,019
Tax year 2023
Assessed value
$1,662,000
Assessed 2023
Previous assessed
$1,662,000
+0.0% YoY
Effective rate
0.48%
On assessed value
Assessed land
$820,800
Assessed improvement
$841,200
Land market value
$820,800
Improvement market value
$841,200
Total market value
$1,662,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2021
Construction
METAL FRAME
Heating
HOT WATER
Cooling
CENTRAL
Units
1
Total area
6,237 SF
Lot
5.46 ac (237,838 SF)
Zoning code
HC
APN
3686-15-63-8937
UPID
US53-1553716
Jurisdiction
CATAWBA
Zoning & alternative use
HC · Denver, NC
Zoning HC · permitted uses
HC · Denver, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denver. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$635,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$730,000
COMMERCIAL (GENERAL)
Est. value
$675,000
RETAIL STORES
Est. value
$600,000
OFFICE BUILDING
Est. value
$570,000
AUTO REPAIR, GARAGE Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Construction
METAL FRAME
Heating
HOT WATER
Cooling
Yes
Units
1
Lot
5.46 ac
Current owner
From public records · entity-resolved
Boyce Lynch INC
Entity
Free & Clear · 19 yrs held
Mailing address
6965 E NC 150TH HWY, SHERRILLS FORD, NC 28673-9307
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2020
—
Kaleco Properties LLC
—
Deed Of Trust
related
$1,578,450 · Peoples Bk
Jul 13, 2007
$1,200,000
Boyce Lynch INC
Alfred G Dae
Warranty Deed
—
Jul 12, 2007
—
Boyce Lynch INC
Dae,alfred G
Grant Deed
$966,412 · Peoples & Union Bank
Jul 5, 2005
$500,000
Alfred G Dae
Lee,roger S & Carole B
Warranty Deed
$500,000 · First National Bank
—
—
Alfred G Dae
—
Deed Of Trust
related
$707,000 · First Bank & Trust
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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