Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    169 Gasoline Aly Mooresville, NC 28117-6515
    Back to Search
    Property profile & analytics

    169 Gasoline Aly, Mooresville, NC 28117-6515

    View on Map
    • Industrial properties
    • 38,925 SF
    • 2.58 lot acres
    Off-Market
    Property ID
    US53-1734923
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $4,125,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Armstrong World Industries / Production Facility / Industrial Park

    Property Details for 169 Gasoline Aly

    Year built
    1999
    Construction
    STONE
    Lot size
    2.58 lot acres
    Zone code
    HLI
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    4647-63-1098.000
    APU
    4647631098000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 23, 2026 — Aag INC — Deed · related $567k · Blueharbor Bank
    Oct 30, 2002 $2,600,000 Aag INC Kralovic Propert Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,976,000
      Market price range: $1.83M - $13.5M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mooresville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.8627
    Latitude
    35.5852
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $32,889
    $534,060
    $2,354,480
    $2,888,540
    -
    $534,060
    $2,354,480
    $2,888,540

    Comparable in this City

    • Value Estimation
      $1,465,000
      12,641 SF

      179 Overhill Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      179 Overhill Dr, Mooresville, NC 28117-8006
      View Details
    • Value Estimation
      $4,285,000
      32,740 SF

      181 Gasoline Aly

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      181 Gasoline Aly, Mooresville, NC 28117-6502
      View Details
    • Value Estimation
      $1,615,000
      12,000 SF

      138 Cayuga Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      138 Cayuga Dr, Mooresville, NC 28117-8259
      View Details
    • Value Estimation
      $1,755,000
      14,400 SF

      146 Cayuga Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      146 Cayuga Dr, Mooresville, NC 28117-8239
      View Details
    • Value Estimation
      $1,720,000
      14,033 SF

      353 Oates Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      353 Oates Rd, Mooresville, NC 28117-6824
      View Details
    • Value Estimation
      $2,085,000
      18,270 SF

      200 Overhill Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      200 Overhill Dr, Mooresville, NC 28117-7033
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      53,616 SF

      Mooresville Mixed-Use Property For Sale

      53,616 SF mixed-use property available in Mooresville, North Carolina.
      182 Raceway Dr, Mooresville, NC 28117
      View Details
    • $1,150,000
      7.00 Acres

      Mooresville Commercial Land For Sale

      7-acre commercial land with high-density development potential in Mooresville, NC.
      2209 Charlotte Hwy, Mooresville, NC 28117
      View Details
    • $475,000
      0.02 Acres

      Unique Mooresville Live/Work Opportunity

      Three-story mixed-use building with commercial and residential units.
      132 Market Place Ave, Mooresville, NC 28117
      View Details
    • Contact for pricing
      51,000 SF

      Mooresville Industrial Facility For Sale

      51,000 SF industrial facility in the Mooresville submarket.
      289 Rolling Hill Rd, Mooresville, NC 28117
      View Details
    • Contact for pricing
      1,650 SF

      Luxury Flex Space in Mooresville

      Premier 1,650 SF flex space for storage or business.
      144 Mccrary Rd, Mooresville, NC 28117
      View Details
    • Contact for pricing
      39,605 SF

      Self-Storage Renovation Opportunity

      Self-storage facility with renovation potential in a growing market.
      2059 Charlotte Hwy, Mooresville, NC 28117
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mixed-Use Tower with Retail Space

      Class A mixed-use tower in Midtown Charlotte with retail space.
      125 Baldwin Ave, Charlotte, NC 28117
      View Details
    • Contact for pricing
      2,080 SF

      Modern Flex Space Available Now

      Versatile flex space near I-77, ideal for various businesses.
      137 Ebert Ln, Mooresville, NC 28117
      View Details
    • Contact for pricing

      Mooresville Flex Space For Rent

      Flex space with highway visibility and convenient access.
      137 Ebert Ln, Mooresville, NC 28117
      View Details
    • Contact for pricing

      New Construction Flex Suite Available

      New flex suite for lease in Mooresville, North Carolina.
      1147 Brawley School Rd, Mooresville, NC 28117
      View Details
    • Contact for pricing
      6,830 SF

      New Construction Flex Suites Available

      New flex suites for lease in Deerfield Business Park.
      110-112 Exmore Rd, Mooresville, NC 28117
      View Details
    • Sponsored
      Contact for pricing

      Langtree at the Lake

      Discover many ways to work your way in Langtree at the Lake
      106 Langtree Village Dr, Mooresville, NC 28117
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    169 Gasoline Aly
    Mooresville, NC 28117-6515
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    169 Gasoline Aly, Mooresville, NC, 28117
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!