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Property profile

197 Medical Park Rd Mooresville, NC 28117

OFF-MARKET
Banks
Property ID
US53-2701233
9,154 SF 1.31 ac lot Built 2005
Last sale Jun 2021 · $315,000
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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Property summary

AI-generated overview

The property is a former bank facility built in 2005, containing 12,261 square feet and configured as a condominium arrangement with two owner spaces: one space occupying the full 12,261 square feet and a second space of 1,575 square feet. The site is located at 197 Medical Park Road in Mooresville, North Carolina. The property provides 52 parking spaces and includes four drive-thru lanes, supporting drive-through vehicle access. As a freestanding, drive-thru-enabled bank building, the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$1.11M
Assessed land$229k
Assessed improvement$878k
Effective rate0.98%

Value estimate

· Oct 2026
$1.71M
$1.54M – $1.88M
AI approach$1.74M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply12.4
Wholesale Shop11.5
Auto Repair Shop11.2

Location

197 Medical Park Rd Mooresville, NC 28117-8591
County assessor Recorded deeds · 3 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
105 Wildcat, Mooresville, NC 28117-9101 $1,731,000 Mar 2025 9,900 SF
1208 Riv, Mooresville, NC 28117-9088 $1,225,000 May 2023 14,766 SF
255 Plz, Mooresville, NC 28117-6848 $650,000 Jan 2023 8,050 SF
163 Plantation Rdg, Mooresville, NC 28117-9159 $2,700,000 Jul 2022 8,981 SF
1100 Brawley School, Mooresville, NC 28117-5937 $2,838,000 Nov 2021 11,943 SF
298 Williamson, Mooresville, NC 28117-6832 $2,136,500 Apr 2019 6,347 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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Includes: Price & PSF · Cap rate · Location · Zoning

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