Financial
Distress signals
Property profile

1243 Garner Bagnal Blvd Statesville, NC 28677

OFF-MARKET
Flex space
Property ID
US53-2376392
123,034 SF 10.23 ac lot Built 1955
Last sale Dec 2018 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a 92,000-square-foot flex facility in Statesville, North Carolina on E Garner Bagnal Boulevard, with zoning classified as HI and a construction date of 1955. It combines warehouse, manufacturing, and office components, including 4,000 square feet of office space and industrial areas totaling 88,000 square feet with varying clear heights: 16,000 square feet at 20-foot clear height and 72,000 square feet at 12-foot clear height. The building is served by loading infrastructure

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?
$19k
Tax billed · 2023
Assessed value$1.86M
Assessed land$335k
Assessed improvement$1.52M
Effective rate1.02%

Value estimate

· Sep 2026
$960k
$864k – $1.06M
Sales comparison$1.69M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$69/SF
Submarket average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$19 – $106

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?
HI
In B-4, B-5, LI and HI districts outdoor storage is permitted in the side and rear yards provided that the area devoted to outdoor storag...
General categoryINDUSTRIAL
JurisdictionIREDELL

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.9
Parking Facility10.7
Wholesale Shop9.9

Location

1243 Garner Bagnal Blvd Statesville, NC 28677-6972
County assessor Recorded deeds · 3 transfers Comp sales · not on file 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 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1243 Garner Bagnal Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message