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Property profile & analytics
OFF-MARKET
Estimated value
$12,220,000
Warehouses
1110 Brawley School Rd Mooresville, NC 28117-5937
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-2680189
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2019
Construction
STEEL FRAME
Total area
93,900 SF
Lot
2.05 ac (89,167 SF)
Zoning code
CM
APN
4636-47-1923.000
UPID
US53-2680189
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Superior Storage - Brawley School Rd Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.16M
CAP Approach
CAP
$12.32M
Comparable Approach
Comparable
$12.07M
Blend (final)
Blend
$12.22M
Owner & transaction history
Jms Mooresville LLC · 4 yrs held
Jms Mooresville LLC
since 2022
Last sale
$12.3M
4 recorded transactions
Zoning & alternative use
CM · Mooresville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$18.3M
+40.9%
Retail stores
$14.1M
+8.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mooresville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mooresville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$11,200,000
ML approach
$9,155,000
CAP Approach
CAP Return
Estimation
6%
$13,345,000
6.5%
$12,320,000
7%
$11,440,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$13,000,000
Current use
MEDICAL BUILDING
$18,325,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$14,140,000
Change: +9% · Conversion: Moderate
Blend value · Realmo final
$12.22M
Range $11.00M – $13.44M · ±10% · vs last sale $12.25M (May 5 2022)
Last sale anchor
$12.25M
May 5 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$130 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$83,997
Tax year 2023
Assessed value
$8,539,730
Assessed 2023
Previous assessed
$5,130,350
+66.5% YoY
Effective rate
0.98%
On assessed value
Assessed land
$761,480
Assessed improvement
$7,778,250
Land market value
$761,480
Improvement market value
$7,778,250
Total market value
$8,539,730
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
3
Total area
93,900 SF
Lot
2.05 ac (89,167 SF)
Zoning code
CM
APN
4636-47-1923.000
UPID
US53-2680189
Jurisdiction
IREDELL
Zoning & alternative use
CM · Mooresville, NC
Zoning CM · permitted uses
CM · Mooresville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mooresville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$13.0M
MEDICAL BUILDING
Est. value
$18.3M
RETAIL STORES
Est. value
$14.1M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Lot
2.05 ac
Current owner
From public records · entity-resolved
Jms Mooresville LLC
Entity
Mailing address
74 HALBACH CT, FOND DU LAC, WI 54937-8626
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2022
$12,250,000
Jms Mooresville LLC
Gmf Brawley School Road LLC
Special Warranty Deed
$9,816,000 · Fox Communities Cu
Dec 29, 2020
—
Gmf Brawley School Road LLC
Gmf Ventures INC
Quit Claim Deed
related
—
Sep 10, 2018
$850,000
Gmf Ventures INC
Crown Of Brawley School LLC
Grant Deed
—
—
—
Crown Companies LLC
—
Deed Of Trust
related
$600,000 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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