Financial
Distress signals
Property profile

111 Rocky River Rd Mooresville, NC 28115

FOR LEASE
Auto shops
View Listing
Property ID
US53-2538792
2,662 SF 2.91 ac lot Built 1974
Last sale Apr 2026 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 2.8-acre corner parcel located at the intersection of Rocky River Rd and Shearers Rd. It provides street frontage and direct access from both roads, positioned at a key intersection associated with future roadway improvements intended to connect Shearers Rd to Highway 115 via an east–west connector road. The parcel is suitable for leasing or for a build-to-suit development configuration.

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.

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?
$5k
Tax billed · 2023
Assessed value$734k
Assessed land$733k
Assessed improvement$1k
Effective rate0.75%

Value estimate

· Sep 2026
$450k
$405k – $495k
AI approach$450k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$112/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$69 – $169
Qualifying comparables8

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?
NB
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 agency20.7
Restaurant17.1
Auto Repair Shop15.9

Location

111 Rocky River Rd Mooresville, NC 28115
County assessor Recorded deeds · 8 transfers 8 qualifying comp sales 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
276 Plz, Mooresville, NC 28115-8097 $450,000 Jan 2025 5,120 SF
395 Performance, Mooresville, NC 28115-9592 $120,000 Dec 2023 7,200 SF
1892 Charlotte, Mooresville, NC 28115-9465 $1,160,000 May 2023 1,728 SF
108 Lost Tree, Mooresville, NC 28115-7944 $700,000 Mar 2023 4,832 SF
1037 Main, Mooresville, NC 28115-2357 $519,500 Oct 2022 5,184 SF
557 Main, Mooresville, NC 28115-2327 $99,500 Aug 2022 3,800 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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