Financial
Distress signals
Property profile

123 Institute St Mooresville, NC 28115

OFF-MARKET
Office buildings
Property ID
US53-1528820
15,429 SF 1.06 ac lot Built 1972
Last sale Nov 2022 · $500,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$10k
Tax billed · 2023
Assessed value$802k
Assessed land$246k
Assessed improvement$557k
Effective rate1.28%

Value estimate

· Sep 2026
$455k
$410k – $501k
AI approach$530k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$181/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$68 – $275

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?
TD
The TD (Traditional Downtown) district is intended to support and preserve the urban form of downtown Mooresville. District standards sup...
General categoryMIXED_USE
JurisdictionIREDELL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.8
Building Supply16.4
Wholesale Shop15.2

Location

123 Institute St Mooresville, NC 28115-4900
County assessor Recorded deeds · 2 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
470 Broad, Mooresville, NC 28115-3083 $860,000 Nov 2025 8,377 SF
948 Main, Mooresville, NC 28115-2356 $300,000 May 2025 3,987 SF
919 Main, Mooresville, NC 28115-2355 $1,500,000 May 2023 27,162 SF
360 Main, Mooresville, NC 28115-2454 $370,000 Dec 2020 4,970 SF
450 Academy, Mooresville, NC 28115 $1,470,500 Jan 2020 6,250 SF
165 Mckenzie, Mooresville, NC 28115 $1,375,000 Nov 2019 19,642 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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