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Property profile & analytics
OFF-MARKET
Estimated value
$1,870,000
Flex space
129 Bevan Dr Mooresville, NC 28115-7154
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US53-0734322
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1996
Construction
STONE
Total area
20,288 SF
Lot
0.67 ac (29,185 SF)
Zoning code
HLI
APN
4668-23-3835.000
UPID
US53-0734322
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
-
Davlen Associates Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.06M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.87M
Owner & transaction history
Rtnc Holdings LLC · 13 yrs held
Rtnc Holdings LLC
since 2013
6 recorded transactions
Zoning & alternative use
HLI · Mooresville, 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 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,230,000
6.5%
$2,055,000
7%
$1,910,000
Blend value · Realmo final
$1.87M
Range $1.68M – $2.06M · ±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
$92 / 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
$9,306
Tax year 2023
Assessed value
$817,280
Assessed 2023
Previous assessed
$658,800
+24.1% YoY
Effective rate
1.14%
On assessed value
Assessed land
$62,810
Assessed improvement
$754,470
Land market value
$62,810
Improvement market value
$754,470
Total market value
$817,280
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
1996
Construction
STONE
Heating
YES
Cooling
YES
Stories
1
Bathrooms
4
Total area
20,288 SF
Lot
0.67 ac (29,185 SF)
Zoning code
HLI
APN
4668-23-3835.000
UPID
US53-0734322
Jurisdiction
IREDELL
Zoning & alternative use
HLI · Mooresville, NC
Zoning HLI · permitted uses
HLI · Mooresville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mooresville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
STONE
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
4
Lot
0.67 ac
Current owner
From public records · entity-resolved
Rtnc Holdings LLC
Entity
Mailing address
129 BEVAN DR, MOORESVILLE, NC 28115-7154
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2020
—
Rtnc Holdings LLC
—
Deed
related
$200,000 · First Citizens Bk
Jan 31, 2013
$722,000
Rtnc Holdings LLC
Bk Barringer JR Properties LLC
Warranty Deed
related
$649,800 · Yadkin Valley Bank & Trust Co
Jan 7, 2005
$885,000
B K Barringer JR Properties LLC
Joseph A Falk
Warranty Deed
$800,000 · Wachovia Bank NA
—
—
Rtnc Holdings LLC
—
Deed Of Trust
related
$200,000 · First Citizens Bk
—
—
Rtnc Holdings LLC
—
Deed Of Trust
related
$441,000 · First Citizens Bk
—
—
Bk Barringer JR Properties LLC
—
Deed Of Trust
related
$680,000 · Wachovia Bank NA
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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