Entity Owned Property summary
This exceptional investment opportunity presents a 7,000 square foot Advance Auto Parts store located in Randleman, North Carolina. The property, situated on a 0.74-acre lot, enjoys a prime outparcel location adjacent to a Walmart Supercenter, benefiting from high traffic volume on High Point Street (14,000 vehicles per day) and Interstate 73 (22,500 vehicles per day). The Walmart Supercenter alone attracts over 1.6 million customers annually, providing significant consumer traffic for the… auto parts store. Other nearby businesses include Wendy's, Bojangles, Taco Bell, and Sheetz. The property is part of the Greensboro-High Point-Winston-Salem MSA, a major manufacturing and transportation hub with a population exceeding 1.6 million. The tenant, Advance Auto Parts, is the largest automotive aftermarket parts provider in North America, boasting over 4,457 stores and $11.3 billion in 2021 revenue. This high-performing location features a strong rent-to-sales ratio. The current lease, a Net Lease (NN) with a corporate guarantee, has a remaining term of eight years, extending to November 30, 2032, with three five-year options. Rent increases are structured at 10% for the first option and 7% for the subsequent two. The landlord's responsibilities are limited to the building structure; the tenant is responsible for all repairs, including the roof, parking lot, and HVAC, as well as taxes, insurance, and utilities. The property offers a 6.75% cap rate with a net operating income (NOI) of $98,400 and an asking price of $1,458,000. Built in 2004, this investment presents a compelling opportunity within a thriving market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 7,581 SF
- Lot area
- 0.75 ac
- Year built
- 2005
- Stories
- 1
- APN
- 7755650059
- Zoning
- B2
- Assessed value · 2023
- $980,760
- Annual tax · 2023
- $11,083
- Restaurant
- Retail Stores · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.
