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Property profile & analytics
OFF-MARKET
Estimated value
$1,535,000
Commercial real estate
152 Main St Mooresville, NC 28115-2526
Entity Owned
10-yr Hold
Free & Clear
Property ID
US53-0276764
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1909
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,763 SF
Lot
0.07 ac (2,962 SF)
Zoning code
TD
APN
4667-12-2155.000
UPID
US53-0276764
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
-
Video Game World Arcade & Gaming Center Electronics & Wireless Store
-
ParBlu Hotel & Motel Resort
-
Southern Notions Home Decor Store Department Store
-
Dive Bar Mooresville Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.50M
Comparable Approach
Comparable
$1.75M
Blend (final)
Blend
$1.54M
Owner & transaction history
Larrys Holdings LLC · 10 yrs held
Larrys Holdings LLC
since 2016
7 recorded transactions
Zoning & alternative use
TD · Mooresville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.1M
+79.2%
Restaurant
$1.6M
+39.4%
Medical building
$1.3M
+12.4%
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%
$1,620,000
6.5%
$1,495,000
7%
$1,385,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,175,000
Current use
INDUSTRIAL (GENERAL)
$2,105,000
Change: +79% · Conversion: Moderate
RESTAURANT
$1,640,000
Change: +39% · Conversion: Difficult
MEDICAL BUILDING
$1,320,000
Change: +12% · Conversion: Easy
OFFICE BUILDING
$1,225,000
Change: +4% · Conversion: Easy
RETAIL STORES
$1,020,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$1.54M
Range $1.38M – $1.69M · ±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
$227 / 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
$14,182
Tax year 2023
Assessed value
$1,109,190
Assessed 2023
Previous assessed
$571,820
+94.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$54,400
Assessed improvement
$1,054,790
Land market value
$54,400
Improvement market value
$1,054,790
Total market value
$1,109,190
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
Year built
1909
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
2
Rooms
2
Bathrooms
1
Total area
6,763 SF
Lot
0.07 ac (2,962 SF)
Zoning code
TD
APN
4667-12-2155.000
UPID
US53-0276764
Jurisdiction
IREDELL
Zoning & alternative use
TD · Mooresville, NC
Zoning TD · permitted uses
TD · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$2.1M
RESTAURANT
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1909
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Rooms
2
Bathrooms
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Larrys Holdings LLC
Entity
Free & Clear · 10 yrs held
Mailing address
152 N MAIN ST, MOORESVILLE, NC 28115-2526
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2026
—
Larrys Holdings LLC
—
Deed
related
$667,000 · First Bank
Oct 30, 2017
—
Larrys Holding LLC
—
Deed
related
$250,000 · Aquesta Bk
Jun 16, 2016
—
Larrys Holdings LLC
—
Deed
related
$215,000 · Branch Bk&tr
Jan 4, 2016
$415,000
Larrys Holdings LLC
Greyron LLC
Warranty Deed
related
—
Aug 19, 2005
—
Greyron LLC
Ferrell,herbert E
Quit Claim Deed
related
—
Dec 14, 2001
$108,000
Herbert E Ferrell
Radcliff,frank R
Grant Deed
—
—
—
Larrys Holdings LLC
—
Deed Of Trust
related
$215,000 · Branch Bk&tr
—
—
Larrys Holding LLC
—
Deed Of Trust
related
$250,000 · Aquesta Bk
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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