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Property profile & analytics
OFF-MARKET
Commercial real estate
173 Henry Martin Trl Statesville, NC 28625-1251
Entity Owned
Free & Clear
Property ID
US53-2344629
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1954
Construction
WOOD
Total area
940 SF
Lot
0.05 ac (2,178 SF)
Zoning code
LV
APN
4812-10-7339.000
UPID
US53-2344629
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
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
Love Valley Ventures INC
Love Valley Ventures INC
since 2025
5 recorded transactions
Zoning & alternative use
LV · Statesville, NC
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
$219
Tax year 2023
Assessed value
$26,040
Assessed 2023
Previous assessed
$20,990
+24.1% YoY
Effective rate
0.84%
On assessed value
Assessed land
$7,500
Assessed improvement
$18,540
Land market value
$7,500
Improvement market value
$18,540
Total market value
$26,040
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
1954
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Rooms
2
Bathrooms
2
Total area
940 SF
Lot
0.05 ac (2,178 SF)
Zoning code
LV
APN
4812-10-7339.000
UPID
US53-2344629
Jurisdiction
IREDELL
Zoning & alternative use
LV · Statesville, NCZoning LV · permitted uses
LV · Statesville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1954
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
Love Valley Ventures INC
Entity
Free & Clear · 0 yrs held
Mailing address
308 RODEO DR, LEXINGTON, NC 27292-7335
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2025
—
Love Valley Ventures INC
Andrew Craig Wagoner
Quitclaim Deed
related
—
Jun 10, 2011
$2,000
Andrew C Wagoner
Moore,howard R & Catherine A
Warranty Deed
related
—
Nov 8, 2010
$3,500
Howard R Moore
Ward,david J & Andrea
Warranty Deed
—
—
—
Almosta Ranch LLC Of Love Valley
—
Deed Of Trust
related
$515,000 · Piedmont Bank
—
—
Almosta Ranch LLC Of Love Valley
—
Deed Of Trust
related
$703,000 · Piedmont Bank
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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