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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Flex space
126 Orbit Rd, Statesville, NC 28677-8634
Entity Owned
Free & Clear
Property ID
US53-0083911
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1973
Construction
STONE
Total area
25,444 SF
Lot
3.09 ac (134,600 SF)
Zoning code
M2
APN
4704-81-6839.000
UPID
US53-0083911
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
RidgeRock Retaining Walls Brick Manufacturer
-
Southern Hardscape Products Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$960k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$657k
Blend (final)
Blend
$890k
Owner & transaction history
Sh Svl Investments LLC
Sh Svl Investments LLC
since 2025
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
M2 · Statesville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Statesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$795,000
ML approach
$960,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$890k
Range $801k – $979k · ±10% · vs last sale $900k (May 19 2025)
Last sale anchor
$900k
May 19 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$35 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,308
Tax year 2023
Assessed value
$899,660
Assessed 2023
Previous assessed
$406,570
+121.3% YoY
Effective rate
0.59%
On assessed value
Assessed land
$101,970
Assessed improvement
$797,690
Land market value
$101,970
Improvement market value
$797,690
Total market value
$899,660
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1973
Construction
STONE
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Bathrooms
4
Total area
25,444 SF
Lot
3.09 ac (134,600 SF)
Zoning code
M2
APN
4704-81-6839.000
UPID
US53-0083911
Jurisdiction
IREDELL
Zoning & alternative use
M2 · Statesville, NC
Zoning M2 · permitted uses
M2 · Statesville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Statesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
STONE
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
4
Lot
3.09 ac
Current owner
From public records · entity-resolved
Sh Svl Investments LLC
Entity
Free & Clear · 0 yrs held
Mailing address
670 GRIFFITH RD, CHARLOTTE, NC 28217-3520
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2025
$900,000
Sh Svl Investments LLC
Ridgerock Real Estate Holdings LLC
Special Warranty Deed
—
Jul 7, 2022
$1,000,000
Ridgerock Real Estate Holdings LLC
Southern Hardscape Products INC
Special Warranty Deed
$500,000 · Atlantic Union Bank
May 8, 2020
—
Southern Hardscape Products INC
—
Deed
related
$365,000 · First National Bank Of Pennsylvania
Oct 16, 2013
$400,000
Hardscape Products In Southern
Manydoors LLC
Warranty Deed
$912,398 · Yadkin Bank
Apr 11, 2005
$350,000
Manydoors LLC
Gallimore Gallimore & Eller Ll
Warranty Deed
$399,735 · Piedmont Bank
Aug 13, 2004
$15,000
Gallimore Gallimore
Bestway South INC
Warranty Deed
related
$182,750 · Yadkin Valley Bank & Trust Co
—
—
Manydoors LLC
—
Deed Of Trust
related
$78,000 · Piedmont Bank
—
—
Southern Hardscape Products In
—
Deed Of Trust
related
$175,000 · Yadkin Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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