Back to Search
Property profile & analytics
OFF-MARKET
Auto shops
7050 Lemon Spgs Rd Sanford, NC 27332-8869
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-2745495
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1962
Total area
1,800 SF
Lot
2.45 ac (106,722 SF)
Zoning code
HIGHWAY COMMERCIAL
APN
9549-17-8909-00
UPID
US53-2745495
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
De Leon Properties LLC · 3 yrs held
De Leon Properties LLC
since 2023
3 recorded transactions
Zoning & alternative use
HIGHWAY COMMERCIAL · Sanford, 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 Sanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanford 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$775
Tax year 2023
Assessed value
$87,400
Assessed 2023
Previous assessed
$87,400
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$80,000
Assessed improvement
$7,400
Land market value
$80,000
Improvement market value
$7,400
Total market value
$87,400
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
1962
Heating
YES
Stories
1
Total area
1,800 SF
Lot
2.45 ac (106,722 SF)
Zoning code
HIGHWAY COMMERCIAL
APN
9549-17-8909-00
UPID
US53-2745495
Jurisdiction
LEE
Zoning & alternative use
HIGHWAY COMMERCIAL · Sanford, NC
Zoning HIGHWAY COMMERCIAL · permitted uses
HIGHWAY COMMERCIAL · Sanford, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sanford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Heating
YES
Stories
1
Lot
2.45 ac
Current owner
From public records · entity-resolved
De Leon Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2122 PO BOX 2283RD AVE, SANFORD, NC 27331-2283
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2023
—
De Leon Properties LLC
Milton W Deleon
Warranty Deed
—
Aug 3, 2022
$100,000
Milton W Deleon
Jimmy R Sadler
Warranty Deed
—
Sep 14, 2016
$75,000
Jimmy R Sadler
Wicker,robert D & Karen M
Warranty Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7050 Lemon Spgs Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
