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Financial
Distress signals
Property profile

1117 Radio Rd Statesville, NC 28677

OFF-MARKET
Office buildings
Property ID
US53-0611916
6,900 SF 7.71 ac lot Built 1947
Last sale Nov 2006 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Absentee Owner Owner mailing address differs from the property address.
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Property summary

AI-generated overview

This exceptional Statesville, NC property offers a unique redevelopment opportunity. The offering encompasses approximately 7 acres of land and two existing one-story buildings totaling 6,600 to 6,900 square feet of office space, currently 35% occupied. The buildings, renovated in 2021 and 2023, are situated on a slightly sloping lot, simplifying utility installation and grading. The property boasts convenient access to Interstates 40 and 77, placing it strategically within the expanding…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$570k
Assessed land$260k
Assessed improvement$310k
Effective rate1.02%

Value estimate

· Oct 2026
$270k
$243k – $297k
Submarket $/SF estimate$822k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$100/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$52 – $156
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-10
R-A, R-20, R-15, R-15M, R-10, R-10M, R-5, R-5M, R-5MF except that entrance signs and subdivision signs may be externally illuminated from...
General categoryRESIDENTIAL
JurisdictionIREDELL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.7
Law Firm12.9
HVAC Service10.5

Location

1117 Radio Rd Statesville, NC 28677-3350
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
255 Stamey Farm, Statesville, NC 28677-8325 $41,250,000 Jan 2026 5,510 SF
640 Opal, Statesville, NC 28677 $1,410,500 Jul 2025 8,577 SF
228 Broad, Statesville, NC 28677-5258 $675,000 Nov 2024 4,197 SF
311 Security, Statesville, NC 28677-5072 $650,000 Sep 2024 8,812 SF
115 Ctr, Statesville, NC 28677-5255 $270,000 Nov 2023 4,920 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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