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Property profile & analytics
OFF-MARKET
Office buildings
150 Sharpe St Statesville, NC 28677-5837
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0265413
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1898
Construction
WOOD
Total area
1,866 SF
Lot
0.09 ac (3,920 SF)
Zoning code
CBP
APN
4744-14-1817.000
UPID
US53-0265413
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
-
Key to Escape Arcade & Gaming Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Steele House Properties LLC · 8 yrs held
Steele House Properties LLC
since 2018
4 recorded transactions
Zoning & alternative use
CBP · Statesville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Houses of Worship, Storefront in CB and CBP Houses of Worship (storefront) shall be a permissible use within existing commercial buildings as an accessory use to the principal use of the property in the CB and CBP Districts provided they do not conflict with the normal hours of operation of the principal use. Q. Clean Material Landfill These may be permitted…
Zone name
Central Business Perimeter District
General category
COMMERCIAL
Zone area
126.90 ac
Source
code of ordinances
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$986
Tax year 2023
Assessed value
$88,240
Assessed 2023
Previous assessed
$88,240
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$13,500
Assessed improvement
$74,740
Land market value
$13,500
Improvement market value
$74,740
Total market value
$88,240
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1898
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Rooms
4
Bathrooms
2
Total area
1,866 SF
Lot
0.09 ac (3,920 SF)
Zoning code
CBP
APN
4744-14-1817.000
UPID
US53-0265413
Jurisdiction
IREDELL
Zoning & alternative use
CBP · Statesville, NCZoning CBP · permitted uses
CBP · Statesville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Houses of Worship, Storefront in CB and CBP Houses of Worship (storefront) shall be a permissible use within existing commercial buildings as an accessory use to the principal use of the property in the CB and CBP Districts provided they do not conflict with the normal hours of operation of the principal use. Q. Clean Material Landfill These may be permitted subject to the following: 1. Shall comply with all requirements administered by the North Carolina Department of
Zone name
Central Business Perimeter District
General category
COMMERCIAL
Zone area
126.90 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1898
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Rooms
4
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Steele House Properties LLC
Entity
Free & Clear · 8 yrs held
Mailing address
624 S MULBERRY ST, STATESVILLE, NC 28677-5712
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2018
—
Steele House Properties LLC
Siegrist,roger A & Kimberly
Warranty Deed
—
Oct 6, 2017
$195,500
Roger A Siegrist
Plyier,robert E JR
Warranty Deed
—
Oct 3, 2017
—
Robert E Plyler
Plyler,robert M & Susan
Quit Claim Deed
related
—
Mar 22, 2013
—
Robert E Plyler JR.
Plyler,robert E JR
Quit Claim Deed
related
—
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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