Financial
Distress signals
Property profile

119 Magnolia Park Dr Mooresville, NC 28117

OFF-MARKET
Other commercial real estate
Property ID
US53-0512338
4,500 SF 1.23 ac lot Built 2001
Last sale Mar 2026 · $465,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an office/flex space located in Mooresville, Iredell County, North Carolina, on a 0.17-acre lot. The interior layout includes a reception area, multiple private offices/rooms, and a full bathroom along with a kitchenette, with the space configured to support a range of office or flexible commercial uses.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$3k
Tax billed · 2023
Assessed value$550k
Assessed land$141k
Assessed improvement$408k
Effective rate0.59%

Value estimate

· Sep 2026
$790k
$711k – $869k
AI approach$750k
Sales comparison$566k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,988/SF
ZIP average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$185 – $4,279
Qualifying comparables10

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?
GB
JurisdictionIREDELL

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.6
Realty agency9.9
Building Supply9.8

Location

119 Magnolia Park Dr Mooresville, NC 28117-8928
County assessor Recorded deeds · 9 transfers 10 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Brawley School, Mooresville, NC 28117 $460,000 Apr 2025 6,724 SF
190 Plz, Mooresville, NC 28117-6806 $1,682,000 Oct 2024 4,500 SF
2179 Charlotte, Mooresville, NC 28117-8495 $340,000 Aug 2024 3,680 SF
148 Ervin, Mooresville, NC 28117-9089 $1,450,000 Apr 2024 6,410 SF
696 Riv, Mooresville, NC 28117-8842 $3,927,500 Apr 2022 6,889 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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