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Property profile & analytics

187 Martin Ln Statesville, NC 28625

  • Commercial land
  • 824 SF
  • 1.75 lot acres
Value Estimation
Location Intelligence
Property ID
US53-1544557
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

  • Commercial land

Property Details for 187 Martin Ln

Year built
1940
Lot size
1.75 lot acres
Property size
824 SF
Zone code
B-4
Property type
Commercial land
APN
4755-86-5774.000
APU
4755865774000

Description

This exceptional 11.9-acre commercial land parcel presents a unique investment opportunity in Statesville, North Carolina. Strategically located off I-40 at Exit 154, the property boasts approximately 1,200 feet of frontage along the interstate, providing unparalleled visibility for any commercial development. The site features level topography, simplifying construction and site preparation. Utilities are conveniently located nearby, further enhancing its development potential. The property is zoned B-4, allowing for a wide range of commercial uses. This high-growth area is experiencing significant expansion driven by major road improvements along I-77 and I-40. With proposed residential development to the east and major industrial projects to the west, this location offers excellent access to a growing population and workforce. The asking price for this prime commercial land is $1,840,000. This is an exceptional opportunity to capitalize on the burgeoning commercial activity in this dynamic region of North Carolina. The property's ideal location and significant frontage on I-40 make it an attractive prospect for businesses seeking high visibility and convenient access to major transportation routes. The level topography and readily available utilities further contribute to its desirability. Don't miss this chance to secure a prominent position in a rapidly developing area.

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
-80.8263
Latitude
35.8156
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
$788
$77,440
$0.00
$77,440
-
$77,440
$0.00
$77,440
More about this property
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