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Property profile & analytics
OFF-MARKET
Estimated value
$1,780,000
Auto shops
6815 Knightdale Blvd, Knightdale, NC 27545-9651
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-1438416
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1989
Construction
METAL FRAME
Total area
7,200 SF
Lot
1.5 ac (65,340 SF)
Zoning code
HB
APN
1744.02-75-6990 0173629
UPID
US53-1438416
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
-
knightdale tire and service (Bike/Boat/Book/etc) Store Auto Parts Store
-
Cutter's Custom Cycles Auto Repair Shop Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$1.78M
Owner & transaction history
Wake Stone Property Company · 3 yrs held
Wake Stone Property Company
since 2023
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
HB · Knightdale, 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 Knightdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Knightdale 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
$1,810,000
ML approach
$1,820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,485,000
Current use
COMMERCIAL (GENERAL)
$2,395,000
Change: -4% · Conversion: Moderate
MEDICAL BUILDING
$2,340,000
Change: -6% · Conversion: Difficult
RETAIL STORES
$2,280,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.78M
Range $1.60M – $1.96M · ±10% · vs last sale $1.75M (Jun 7 2023)
Last sale anchor
$1.75M
Jun 7 2023
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
$247 / 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
$9,860
Tax year 2023
Assessed value
$890,669
Assessed 2023
Previous assessed
$890,669
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$784,080
Assessed improvement
$106,589
Land market value
$784,080
Improvement market value
$106,589
Total market value
$890,669
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
1989
Construction
METAL FRAME
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
7,200 SF
Lot
1.5 ac (65,340 SF)
Zoning code
HB
APN
1744.02-75-6990 0173629
UPID
US53-1438416
Jurisdiction
WAKE
Zoning & alternative use
HB · Knightdale, NC
Zoning HB · permitted uses
HB · Knightdale, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Knightdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$2.3M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
1989
Construction
METAL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Lot
1.5 ac
Current owner
From public records · entity-resolved
Wake Stone Property Company
Entity
Mailing address
6821 KNIGHTDALE BLVD, KNIGHTDALE, NC 27545-9651
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2023
$1,750,000
Wake Stone Property Company
Ramin LLC
Special Warranty Deed
—
Mar 12, 2018
—
Ramincorp INC
—
Deed
related
$650,000 · Pnc Bk/oh
Dec 28, 2017
—
Ramin LLC
—
Deed
related
$647,992 · Pnc Bk
Dec 5, 2017
—
Ramin LLC
Ramincorp INC
Quit Claim Deed
related
—
Nov 20, 2017
—
Ramincorp INC
—
Deed
related
$100,000 · Pnc Bk
Dec 21, 2012
$850,000
Ramincorp INC
Candes,chris & Laura
Grant Deed
$795,900 · Wells Fargo Bank
—
—
Ramin LLC
—
Deed Of Trust
related
$647,992 · Pnc Bk
—
—
Ramincorp INC
—
Deed Of Trust
related
$100,000 · Pnc Bk
—
—
Ramincorp INC
—
Deed Of Trust
related
$650,000 · Pnc Bk/oh
—
—
Chrisostomos J Candes
—
Deed Of Trust
related
$400,000 · Trustatlantic 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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