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Property profile & analytics

707 Gaither Rd Statesville, NC 28625

  • Warehouses
  • 9,180 SF
  • 0.53 lot acres
Value Estimation
Last Sale
Mar 07, 2022
$1,650,000
Location Intelligence
Property ID
US53-4084984
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 707 Gaither Rd

Year built
1975
Construction
STONE
Lot size
0.53 lot acres
Property size
9,180 SF
Zone code
B-4
Property type
Warehouses
APN
4745-34-0374.000
APU
4745340374000

Description

This exceptional 9,000-square-foot flex/warehouse property presents a compelling investment or owner-user opportunity in Statesville, North Carolina. Situated on a 0.53-acre lot, this highly visible property boasts prime location at Exit 151 of I-40, just half a mile from I-77. The B-4 zoning allows for a variety of uses. The building offers significant advantages due to its proximity to major transportation arteries, providing easy access to regional markets. Statesville's robust growth, fueled by ongoing road improvements along I-77 and I-40, makes this a particularly attractive investment. The property's strategic location and versatile zoning cater to both owner-occupiers seeking efficient space and investors looking for strong returns. Utilities are provided by the City of Statesville. The asking price is $1,150,000, translating to $127.78 per square foot. The property's Assessed Property Number (APN) is 4745340374.000. This is a rare opportunity to acquire a well-positioned industrial property in a thriving market. The address is 707 Gaither Rd, Statesville, NC 28625.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,310,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,665,000
    6.5%
    $1,485,000
    7%
    $1,670,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,560,000
    Geo Method
    $1,470,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,815,000
    Retail
    $1,590,000
    Mixed-Use
    $1,565,000
    Hospitality
    $1,615,000
    Educational
    $1,640,000
    Residential Income
    $1,370,000
    Energy
    $1,570,000
    Income-Based Land
    $1,595,000
    Food Service
    $1,775,000

Location Insight

  • Map
  • Local Demand
City
Statesville
County
Iredell
State
North Carolina
Longitude
-80.8785
Latitude
35.8082
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,831
$166,880
$209,560
$376,440
-
$166,880
$209,560
$376,440
More about this property
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