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Property profile & analytics
OFF-MARKET
Estimated value
$3,390,000
Drug stores
1114 Brawley School Rd Mooresville, NC 28117-5937
Entity Owned
~
Est. High Equity
Property ID
US53-0737198
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,099 SF
Lot
2.51 ac (109,118 SF)
Zoning code
CM
APN
4636-47-1624.000
UPID
US53-0737198
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Cardtronics ATM Atm
-
FedEx OnSite Postal Service Courier Service
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.61M
Comparable Approach
Comparable
$3.97M
Blend (final)
Blend
$3.39M
Owner & transaction history
Pxv Mv LLC
Pxv Mv LLC
since 2025
7 recorded transactions
Zoning & alternative use
CM · Mooresville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.6M
+60.8%
Medical building
$3.7M
+29.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,910,000
6.5%
$3,605,000
7%
$3,350,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,875,000
Current use
RESTAURANT
$4,625,000
Change: +61% · Conversion: Easy
MEDICAL BUILDING
$3,725,000
Change: +30% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,645,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$3.39M
Range $3.05M – $3.73M · ±10%
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
$177 / 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
$46,449
Tax year 2023
Assessed value
$4,722,380
Assessed 2023
Previous assessed
$3,837,670
+23.1% YoY
Effective rate
0.98%
On assessed value
Assessed land
$1,640,780
Assessed improvement
$3,081,600
Land market value
$1,640,780
Improvement market value
$3,081,600
Total market value
$4,722,380
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
1
Total area
19,099 SF
Lot
2.51 ac (109,118 SF)
Zoning code
CM
APN
4636-47-1624.000
UPID
US53-0737198
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
RETAIL STORES Current
Est. value
$2.9M
RESTAURANT
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$2.6M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
2.51 ac
Current owner
From public records · entity-resolved
Pxv Mv LLC
Entity
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2025
$4,361,000
Pxv Mv LLC
The Berkun Family LLC
Special Warranty Deed
$3,277,500 · The Huntington National Bank
Nov 9, 2020
—
Berkun Family LLC
—
Deed
related
$3,469,393 · Atlantic Union Bk
Feb 23, 2016
$6,950,000
Berkun Family LLC
Evans Mooresville Drugstore Ll
Grant Deed
—
Aug 10, 2011
$5,750,000
Evans Mooresville Drugstore Ll
Lake Norman Lakeside Ents LLC
Grant Deed
—
Mar 5, 2010
$5,230,500
Mbp 1 LLC
Mayhew Dev Group LLC
Grant Deed
—
Nov 6, 2008
$2,500,000
Mayhew Development Group LLC
Crown/brawley School LLC
Special Warranty Deed
$2,457,279 · Branch Banking And Trust Co
—
—
Evans Mooresville Drugstore Ll
—
Deed Of Trust
related
$4,077,862 · New York Life Insurance
—
—
Berkun Family LLC
—
Deed Of Trust
related
$9,072,500 · Fsg Bank
—
—
Berkun Family LLC
—
Loan Modification
related
$3,469,393 · Atlantic Union Bk
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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