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Property profile & analytics
OFF-MARKET
Estimated value
$250,000
Commercial real estate
128 Fast Ln Mooresville, NC 28117-7508
Entity Owned
19-yr Hold
Free & Clear
Property ID
US53-3796295
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
1.15 ac (50,094 SF)
Zoning code
GB
APN
4636-37-2013.000
UPID
US53-3796295
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
-
Hills Of Africa Tour Operator (Bike/Boat/Book/etc) Store
-
Goosehead Insurance - Diana Leach Insurance Agency
-
Europa Design Interior Design Home Decor Store
-
Name South LLC Auto Parts Store
-
Deutsche LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$250k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$250k
Owner & transaction history
Sos Property Management LLC · 19 yrs held
Sos Property Management LLC
since 2007
5 recorded transactions
Zoning & alternative use
GB · Mooresville, NC
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 Mooresville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mooresville 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
by Request
ML approach
$250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$250k
Range $225k – $275k · ±10%
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
—
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
$1,675
Tax year 2023
Assessed value
$283,980
Assessed 2023
Previous assessed
$209,870
+35.3% YoY
Effective rate
0.59%
On assessed value
Assessed land
$241,500
Assessed improvement
$42,480
Land market value
$241,500
Improvement market value
$42,480
Total market value
$283,980
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
1.15 ac (50,094 SF)
Zoning code
GB
APN
4636-37-2013.000
UPID
US53-3796295
Jurisdiction
IREDELL
Zoning & alternative use
GB · Mooresville, NCZoning GB · permitted uses
GB · Mooresville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Layer: Town Zoning (ID: 3)
Building & site characteristics
From public records
Heating
NONE
Lot
1.15 ac
Current owner
From public records · entity-resolved
Sos Property Management LLC
Entity
Free & Clear · 19 yrs held
Mailing address
130 LUGNUT LN, MOORESVILLE, NC 28117-9300
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2016
—
Deutsche LLC
—
Deed
related
$1,250,000 · Park Sterling Bk
Feb 26, 2007
—
Sos Property Management LLC
Lakepoint Auto Service LLC
Warranty Deed
—
Aug 3, 2006
$197,131
Lakepoint Auto Service LLC
Smith,ronnie L & Lee A
Warranty Deed
—
—
—
Ronnie L Smith
—
Deed Of Trust
related
$500,000 · Piedmont Bank
—
—
Sos Property Management LLC
—
Deed Of Trust
related
$595,000 · Citizens South Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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