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    Property profile & analytics

    175 Henry Martin Trl Statesville, NC 28625

    • Commercial real estate
    • 3,876 SF
    • 0.09 lot acres
    For Sale
    View listing
    $249,900
    Value Estimation
    Location Intelligence
    Property ID
    US53-0742064
    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

    • The General Store And Cafe / Cafe

    Property Details for 175 Henry Martin Trl

    Year built
    1954
    Construction
    WOOD
    Lot size
    0.09 lot acres
    Property size
    3,876 SF
    Zone code
    LV
    Property type
    Commercial real estate
    APN
    4812-10-7432.000
    APU
    4812107432000

    Description

    This exceptional 3,040 square foot commercial property, situated on a 0.12-acre lot at 175 Henry Martin Trail in Statesville, NC, presents a rare investment chance. Located in the distinctive Love Valley community, established in 1954, this property boasts a rich history and unique character. The building previously served as the town's general store, a central hub for social interaction, and is poised for a successful relaunch. The property includes a fully equipped commercial kitchen, featuring fire suppression and high-end fixtures valued at over $50,000, making it ideal for a variety of food-related businesses or other retail ventures. A significant advantage is the inclusion of a two-bedroom apartment, offering potential for owner-occupancy or supplemental rental income. The property's location, just an hour from Charlotte, NC, provides easy access to a larger metropolitan area while retaining the charm of its rural setting. Surrounded by mountain valleys, trails, and wineries, Love Valley offers a unique lifestyle appealing to a diverse clientele. The recent completion of Love Valley's public sewer system development further enhances the property's appeal and marketability. The seller is open to owner financing for qualified buyers, presenting a compelling opportunity for those seeking a distinctive commercial venture in a thriving, albeit unique, community. This is a truly one-of-a-kind opportunity to own a piece of Love Valley's history and contribute to its vibrant future. The asking price is $249,900.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Statesville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.9886
    Latitude
    35.988
    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
    $823
    $12,900
    $77,940
    $90,840
    -
    $12,900
    $77,940
    $90,840

    Comparable in this City

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      251 Commerce Blvd

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    • Value Estimation
      $470,000
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      3439 Taylorsville Hwy, Unit 3443

      COMMERCIAL (GENERAL) • 6,650 SF
      3439 Taylorsville Hwy, Statesville, NC 28625-2587
      View Details
    • Value Estimation
      $3,725,000
      1,914 SF

      1519 Wilkesboro Hwy

      COMMERCIAL (GENERAL) • 1,914 SF
      1519 Wilkesboro Hwy, Statesville, NC 28625-8723
      View Details
    • Value Estimation
      $130,000
      2,976 SF

      3056 Wilkesboro Hwy, Unit 3058

      COMMERCIAL (GENERAL) • 2,976 SF
      3056 Wilkesboro Hwy, Statesville, NC 28625-2159
      View Details
    • Value Estimation
      $305,000
      19.58 Acres

      Old Mtn Rd

      COMMERCIAL (GENERAL) • 19.58 Acres
      Old Mtn Rd, Statesville, NC 28625
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    • Value Estimation
      $810,000
      9,104 SF

      562 Sharon School Rd

      COMMERCIAL (GENERAL) • 9,104 SF
      562 Sharon School Rd, Statesville, NC 28625-1607
      View Details

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    Statesville, NC 28625
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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