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Financial
Distress signals
Property profile

181 Ervin Rd Mooresville, NC 28117

OFF-MARKET
Garden apartment buildings
Property ID
US53-2860037
23,255 SF 22.23 ac lot Built 2013
Last sale May 2021 · $51,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$510k
Tax billed · 2023
Assessed value$51.86M
Assessed land$3.47M
Assessed improvement$48.39M
Effective rate0.98%

Value estimate

· Oct 2026
$48.98M
$44.08M – $53.87M
Submarket $/SF estimate$46.52M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,373/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$275 – $2,001

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CM
The CM (Corridor Mixed Use) zoning district is intended to accommodate a mix of retail, office, hotel, and institutional development, as ...
General categoryMIXED_USE
JurisdictionIREDELL

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.1
HVAC Service9.0
Pawn Shop8.9

Location

181 Ervin Rd Mooresville, NC 28117-9089
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog

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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
130 Nile, Mooresville, NC 28117-8807 $35,550,000 Dec 2024 20,880 SF
125 Waterlynn, Mooresville, NC 28117 $55,000,000 Aug 2024 27,545 SF
133 Foundation, Mooresville, NC 28117-9606 $51,550,000 Aug 2022 23,556 SF
Alexander Bank, Mooresville, NC 28117 $51,550,000 Aug 2022 23,556 SF
Fairview, Mooresville, NC 28117 $66,000,000 May 2022 24,056 SF
104 Waypointe, Mooresville, NC 28117-5484 $54,200,000 May 2022 30,484 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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