Entity Owned Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1950
Total area
1,984 SF
Lot
117.29 ac (5,109,152 SF)
Zoning code
I2:HEAVY INDUSTRIAL
APN
024A001
UPID
US53-3041737
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$491k
Blend (final)
Blend
$545k
Owner & transaction history
since 2025
1 recorded transaction
Zoning & alternative use
I2:HEAVY INDUSTRIAL · Salisbury, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$545k
Value range
$491k – $600k
±10% around blend
Estimated value / SF
$275 / SF
Confidence
High
8 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
80
$491k
blend $545k
$600k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,984 SF
Lot area
117.29 ac
Year built
1950
Stories
1
APN
024A001
Zoning
I2:HEAVY INDUSTRIAL
Assessed value
$5,668,413
Annual tax
$70,288
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$507k
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
21.0 mi away · 2,479 SF
21.7 mi away · 1,840 SF
22.1 mi away · 1,473 SF
22.1 mi away · 1,473 SF
23.5 mi away · 2,496 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$545k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 29 sales
$146
+89%
County 74 sales
$94
+191%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $275/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.67M
Move the market yield to see immediate price impact.
Value / SF
$2,857
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$357k
$7.14M
$5.10M
$3.97M
$397k
$7.94M
$5.67M
$4.41M
$436k
$8.73M
$6.24M
$4.85M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$525k
20.9 mi · Apr 2026 · $230/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$70,288
Tax year 2023
Assessed value
$5,668,413
Assessed 2023
Previous assessed
$5,485,076
+3.3% YoY
Effective rate
1.24%
On assessed value
Assessed land
$2,334,010
Assessed improvement
$3,334,403
Land market value
$2,334,010
Improvement market value
$3,334,403
Total market value
$5,668,413
Applied tax rate
104.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1950
Heating
YES
Buildings
18
Stories
1
Units
1
Total area
1,984 SF
Lot
117.29 ac (5,109,152 SF)
Zoning code
I2:HEAVY INDUSTRIAL
APN
024A001
UPID
US53-3041737
Jurisdiction
ROWAN
Zoning & alternative use
I2:HEAVY INDUSTRIAL · Salisbury, NCZoning I2:HEAVY INDUSTRIAL · permitted uses
I2:HEAVY INDUSTRIAL · Salisbury, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1950
Heating
YES
Stories
1
Buildings
18
Units
1
Lot
117.29 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I2:HEAVY INDUSTRIAL
Jurisdiction
Salisbury, NC
Recorded code
I2:HEAVY INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I2:HEAVY INDUSTRIAL in Salisbury, NC.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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