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    Property profile & analytics

    117 Alcove Rd Mooresville, NC 28117-7518

    • Hotels
    • 55,340 SF
    • 1.96 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-1404185
    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

    • Tru by Hilton Mooresville / Hotel

    Property Details for 117 Alcove Rd

    Year built
    2019
    Construction
    STEEL FRAME
    Lot size
    1.96 lot acres
    Property size
    55,340 SF
    Zone code
    CM
    Property type
    Hotels
    Property subtype
    Motels
    APN
    4645-43-6240.000
    APU
    4645436240000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mooresville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.8667
    Latitude
    35.5305
    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
    $102,255
    $1,030,580
    $10,640,170
    $11,670,750
    -
    $1,030,580
    $10,640,170
    $11,670,750

    Comparable in this City

    • Value Estimation by Request
      28,743 SF

      124 Regency Ctr Dr

      HOTEL/MOTEL • 28,743 SF
      124 Regency Ctr Dr, Mooresville, NC 28117-6870
      View Details
    • Value Estimation by Request
      79,117 SF

      121 Gtwy Blvd

      HOTEL/MOTEL • 79,117 SF
      121 Gtwy Blvd, Mooresville, NC 28117-5540
      View Details
    • Value Estimation by Request
      54,558 SF

      3247 Charlotte Hwy

      HOTEL/MOTEL • 54,558 SF
      3247 Charlotte Hwy, Mooresville, NC 28117-5514
      View Details
    • Value Estimation by Request
      28,978 SF

      140 Days Inn Dr

      HOTEL/MOTEL • 28,978 SF
      140 Days Inn Dr, Mooresville, NC 28117-6323
      View Details
    • Value Estimation by Request
      76,502 SF

      109 Alcove Rd

      HOTEL/MOTEL • 76,502 SF
      109 Alcove Rd, Mooresville, NC 28117-7518
      View Details
    • Value Estimation by Request
      41,593 SF

      132 Mdw Hl Cir

      HOTEL/MOTEL • 41,593 SF
      132 Mdw Hl Cir, Mooresville, NC 28117-8089
      View Details

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      Land • 3.54 Acres
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      Mooresville Land For Sale

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      Mooresville Land with Electric Fence

      9.75 acre farm tract with barn and pasture area.
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      Mooresville Land Subdivision Potential

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    Similar Nearby for Lease

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      8,777 SF

      Mooresville Retail Center Opportunity

      High-traffic location, multiple suites available
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    • $25 SF/Yr
      25,412 SF

      Mooresville Gateway Office Space

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    • $18 SF/Yr
      1,363 SF

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      Regional Power Center For Rent

      Regional power center with excellent Interstate 77 access.
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    • $18 SF/Yr
      1,700 SF

      Professional Office Space For Rent

      Professional office space available in Mooresville Gateway.
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    • Contact for pricing
      1,200 SF

      Retail Suites Available for Lease

      Two 1,200 SF retail suites with building signage available.
      2785 Charlotte Hwy, Mooresville, NC 28117
      View Details

    Property Visit Statistics

    • Visits by month
      9.0k
    • Visitors by month
      6.7k
    • Avg Time on site
      14 min
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    117 Alcove Rd
    Mooresville, NC 28117-7518
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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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