New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,935,000
Automotive properties
88 Dl Jarrett Blvd, Monroe, NC 28110-8587
Entity Owned
24-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1579454
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2002
Total area
103,100 SF
Lot
28.55 ac (1,243,464 SF)
Zoning code
RBD INDIAN TRAIL
APN
07-069-034
UPID
US53-1579454
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
-
Crossroads Ford of Indian Trail - Service Department Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.94M
Owner & transaction history
Monroe Investors LLC · 24 yrs held
Monroe Investors LLC
since 2002
5 recorded transactions
Zoning & alternative use
RBD INDIAN TRAIL · Monroe, 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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
$48 / 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
$143,642
Tax year 2023
Assessed value
$16,248,700
Assessed 2023
Previous assessed
$16,248,700
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$3,907,200
Assessed improvement
$12,341,500
Land market value
$3,907,200
Improvement market value
$12,341,500
Total market value
$16,248,700
Applied tax rate
619.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2002
Heating
YES
Cooling
CENTRAL
Buildings
3
Stories
1
Rooms
5
Total area
103,100 SF
Lot
28.55 ac (1,243,464 SF)
Zoning code
RBD INDIAN TRAIL
APN
07-069-034
UPID
US53-1579454
Jurisdiction
UNION
Zoning & alternative use
RBD INDIAN TRAIL · Monroe, NC
Zoning RBD INDIAN TRAIL · permitted uses
RBD INDIAN TRAIL · Monroe, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Rooms
5
Lot
28.55 ac
Current owner
From public records · entity-resolved
Monroe Investors LLC
Entity
Free & Clear · 24 yrs held
Mailing address
11120 CAPITAL BLVD, WAKE FOREST, NC 27587-4513
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
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
Mar 2, 2026
—
Crossroads Holdings LLC
—
Deed
related
$46,400,000 · Wells Fargo Bank NA
Sep 7, 2017
—
Crossroads Holding LLC
—
Loan Modification
related
$15,700,000 · Ford Motor Credit
Jun 26, 2002
—
Monroe Investors LLC
The Poll Group P
Grant Deed
related
—
Jan 18, 2002
$3,310,500
Monroe Investors LLC
The Poli Group P
Grant Deed
—
—
—
Monroe Investors LLC
—
Deed Of Trust
related
$10,765,813 · Branch Banking & Trust Co
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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