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    Property profile & analytics

    1137 Morland Dr Statesville, NC 28677-6973

    • Hotels
    • 21,363 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-0885028
    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

    • Motel 6 Statesville, NC / Motel / Hotel
    • jam hospitality companies / Property Management Company
    • Owners 8 Association / Association Or Organization

    Property Details for 1137 Morland Dr

    Year built
    1998
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.03 lot acres
    Property size
    21,363 SF
    Zone code
    B-5
    Property type
    Hotels
    Property subtype
    Motels
    APN
    4744-80-3031.000
    APU
    4744803031000

    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
    -80.8597
    Latitude
    35.7691
    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
    $13,299
    $197,760
    $1,109,100
    $1,306,860
    -
    $197,760
    $1,109,100
    $1,306,860

    Comparable in this City

    • Value Estimation by Request
      33,045 SF

      109 Landson Dr

      HOTEL/MOTEL • 33,045 SF
      109 Landson Dr, Statesville, NC 28677-6968
      View Details
    • Value Estimation
      $1,075,000
      45,840 SF

      702 Sullivan Rd

      HOTEL/MOTEL • 45,840 SF
      702 Sullivan Rd, Statesville, NC 28677-3440
      View Details
    • Value Estimation
      $530,000
      20,208 SF

      1125 Greenland Dr

      HOTEL/MOTEL • 20,208 SF
      1125 Greenland Dr, Statesville, NC 28677-6944
      View Details
    • Value Estimation by Request
      67,176 SF

      222 Ctr St, Unit 226

      HOTEL/MOTEL • 67,176 SF
      222 Ctr St, Statesville, NC 28677-5807
      View Details
    • Value Estimation by Request
      33,600 SF

      715 Sullivan Rd

      HOTEL/MOTEL • 33,600 SF
      715 Sullivan Rd, Statesville, NC 28677-3439
      View Details
    • Value Estimation by Request
      40,784 SF

      1121 Morland Dr

      HOTEL/MOTEL • 40,784 SF
      1121 Morland Dr, Statesville, NC 28677-6973
      View Details

    Similar Nearby for Sale

    • $595,000

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    • $995,500
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      1809 Front St, Statesville, NC 28677

      Commercial real estate • 11,010 SF
      1809 Front St, Statesville, NC 28677
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    • $115,000
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      1.55 acre commercial lot with road frontage near I-77.
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      Statesville Land Ready For Duplex

      Multi-family zoned land in Statesville, NC, ready for development.
      533 Broadway Ct, Statesville, NC 28677
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    • $700,000
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      Lake Norman Waterfront Land Opportunity

      20.19 acre property with Lake Norman access and community amenities.
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      Secluded Statesville Land Opportunity

      8.63 acre lot perfect for recreation or building a home.
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    Similar Nearby for Lease

    • $41 SF/Yr
      152,024 SF

      Wall St

      Land
      0 Wall St, Statesville, NC 28677
      View Details
    • $3 SF/Yr
      38,220 SF

      Statesville Flex Space - 38,220 SF

      Versatile industrial space, multiple suites available. Ideal for various businesses.
      1107 Paola St, Statesville, NC 28677
      View Details
    • $10 SF/Yr
      43,560 SF

      Upscale Business Park in Statesville

      100-acre business park with 12,000 SF buildings for lease.
      158 Innovation Dr, Statesville, NC 28677
      View Details
    • $4,875 /Mo
      43,560 SF

      Unique Commercial Space in Statesville

      Multi-level commercial space with high visibility and ample parking.
      1515 Newton Dr, Statesville, NC 28677
      View Details
    • $1,950 /Mo
      6,098 SF

      Downtown Statesville Office Space Available

      2,600+ sq ft office space in downtown Statesville, NC.
      233 Davie Ave, Statesville, NC 28677
      View Details
    • New
      $1,100 /Mo
      8,712 SF

      Commercial Building in High Traffic Area

      Commercial brick building in a high-traffic area available for rent.
      1313 W Front St, Statesville, NC 28677
      View Details

    Property Visit Statistics

    • Visits by month
      895
    • Visitors by month
      609
    • Avg Time on site
      633 min
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    Statesville, NC 28677-6973
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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