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Financial
Distress signals
Property profile

140 Raceway Dr Mooresville, NC 28117

OFF-MARKET
Warehouses
Property ID
US53-1491399
24,310 SF 1.26 ac lot Built 1999
Last sale Apr 2024 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value$1.88M
Assessed land$499k
Assessed improvement$1.38M
Effective rate1.14%

Value estimate

· Oct 2026
$2.00M
$1.80M – $2.20M
AI approach$2.00M
CAP approach$2.72M
Submarket $/SF estimate$2.65M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$138/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$96 – $232
Qualifying comparables9

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?
CM
The CM (Corridor Mixed Use) zoning district is intended to accommodate a mix of retail, office, hotel, and institutional development, as ...
General categoryMIXED_USE
JurisdictionIREDELL

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.8
Watch Repair Shop8.7
Tattoo & Piercing Shop7.8

Location

140 Raceway Dr Mooresville, NC 28117-6509
County assessor Recorded deeds · not on file 9 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
261 Rolling Hl, Mooresville, NC 28117-6527 $2,970,000 Feb 2026 19,600 SF
144 Talbert Pointe, Mooresville, NC 28117-4381 $2,925,000 Dec 2025 25,776 SF
117 Infield, Mooresville, NC 28117-8026 $850,000 Jul 2025 10,350 SF
116 Gasoline, Mooresville, NC 28117-6503 $3,550,000 May 2025 23,833 SF
105 Corporate Ctr, Mooresville, NC 28117-0078 $47,006,500 Apr 2025 49,553 SF
165 Cedar Pointe, Mooresville, NC 28117-6880 $1,780,000 Feb 2025 8,040 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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