Technical
Financial
Distress signals
Property profile

113 Watermelon Rd Statesville, NC 28625

OFF-MARKET
Retail space
Property ID
US53-1886955
22,956 SF 6.3 ac lot Built 2004
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2004
Construction STONE
Total area 22,956 SF
Lot 6.3 ac (274,341 SF)
Zoning code GB
APN 4714-35-6143.000
UPID US53-1886955

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Rental Facility

Location

113 Watermelon Rd Statesville, NC 28625-2528
Statesville metro Census 61102 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.22M
Blend (final) Blend
$2.83M

Owner & transaction history

since 2018
1 recorded transaction
2018
$1.7M

Zoning & alternative use

GB · Statesville, NC
Top alternative use upside
Medical building $4.5M +29.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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