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Property profile & analytics
OFF-MARKET
Estimated value
$1,190,000
Warehouses
148 Lugnut Ln Mooresville, NC 28117-9303
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1619369
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,770 SF
Lot
0.94 ac (40,946 SF)
Zoning code
GB
APN
4636-36-2523.000
UPID
US53-1619369
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
-
Lake Norman Gift Gal (Bike/Boat/Book/etc) Store Florist
-
Paragon Polymer Consulting Consultant
-
Cabinet Joint General Contractor Renovation Specialist
-
Best In Show Garage Carpet & Flooring Store Hardware & Home Improvement
-
Lake Norman Docks LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.65M
Comparable Approach
Comparable
$896k
Blend (final)
Blend
$1.19M
Owner & transaction history
James M Takes · 4 yrs held
James M Takes
since 2022
7 recorded transactions
Zoning & alternative use
GB · 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%
$1,790,000
6.5%
$1,650,000
7%
$1,535,000
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±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
$81 / 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
$8,171
Tax year 2023
Assessed value
$1,384,890
Assessed 2023
Previous assessed
$981,840
+41.1% YoY
Effective rate
0.59%
On assessed value
Assessed land
$282,000
Assessed improvement
$1,102,890
Land market value
$282,000
Improvement market value
$1,102,890
Total market value
$1,384,890
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
2
Bathrooms
2
Total area
14,770 SF
Lot
0.94 ac (40,946 SF)
Zoning code
GB
APN
4636-36-2523.000
UPID
US53-1619369
Jurisdiction
IREDELL
Zoning & alternative use
GB · Mooresville, NC
Zoning GB · permitted uses
GB · 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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.94 ac
Current owner
From public records · entity-resolved
James M Takes
Individual
Free & Clear · 4 yrs held
Mailing address
111 CHINOOK CT, MOORESVILLE, NC 28117-3706
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2022
—
James M Takes
James M Takes
Intrafamily Transfer
related
—
Dec 8, 2021
—
Lake Norman Property Rental INC
James Michael Takes
Warranty Deed
—
Oct 2, 2020
—
James M Takes
—
Deed
related
$558,000 · Blueharbor Bank
Aug 9, 2012
$930,000
James M Takes
Drena Properties LLC
Warranty Deed
$15,000 · Drena Properties LLC
Mar 19, 2008
—
Drena Properties LLC
Kelly Building & Dev Corp
Warranty Deed
$80,000 · Branch Banking & Trust Co
Jan 23, 2007
$112,224
Kelly Building & Development Corp
Berkel Properties LLC
Warranty Deed
$720,000 · Branch Banking And Trust Co
Sep 11, 2002
$82,500
Berkel Properties LLC
Smith,ronnie L
Grant Deed
—
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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