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Property profile & analytics
OFF-MARKET
Retail space
9020 Stokes Fry Rd, Salisbury, NC 28146-7548
Entity Owned
13-yr Hold
Free & Clear
Property ID
US53-1366793
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1957
Total area
2,677 SF
Lot
3.48 ac (151,589 SF)
Zoning code
CBI
APN
510 063
UPID
US53-1366793
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
-
Lentz General Store Grocery & Convenience Store
-
ATM Atm
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
Lentz Gs LLC · 13 yrs held
Lentz Gs LLC
since 2013
7 recorded transactions
Zoning & alternative use
CBI · Salisbury, 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 Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury 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
$799
Tax year 2023
Assessed value
$121,062
Assessed 2023
Previous assessed
$98,224
+23.3% YoY
Effective rate
0.66%
On assessed value
Assessed land
$80,838
Assessed improvement
$40,224
Land market value
$80,838
Improvement market value
$40,224
Total market value
$121,062
Applied tax rate
127.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1957
Heating
YES
Stories
1
Units
1
Total area
2,677 SF
Lot
3.48 ac (151,589 SF)
Zoning code
CBI
APN
510 063
UPID
US53-1366793
Jurisdiction
ROWAN
Zoning & alternative use
CBI · Salisbury, NC
Zoning CBI · permitted uses
CBI · Salisbury, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salisbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Heating
YES
Stories
1
Units
1
Lot
3.48 ac
Current owner
From public records · entity-resolved
Lentz Gs LLC
Entity
Free & Clear · 13 yrs held
Mailing address
1440 AGNER RD, SALISBURY, NC 28146-1526
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2013
—
Lentz Gs LLC
Lentz,douglas P & Judy S
Quit Claim Deed
related
—
Apr 29, 2013
—
Lentz Gs LLC
Lentz,douglas P
Quit Claim Deed
related
—
Sep 5, 2012
—
Timothy D Lentz
Lentz,timothy D Tr
Quit Claim Deed
related
—
Oct 31, 2011
—
Lentz,john I Trust
Lentz,john I
Quit Claim Deed
related
—
Sep 20, 2011
—
Lentz,timothy D Tr
Lentz,john I
Quit Claim Deed
related
—
Jul 27, 2011
—
John I Lentz
Lentz,john I & Mildred M
Quit Claim Deed
related
—
Jul 26, 2011
—
John I Lentz
Lentz,john I
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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