Financial
Distress signals
Property profile

18515 Old Statesville Rd Cornelius, NC 28031

OFF-MARKET
Industrial properties
Property ID
US53-5562408
13,608 SF 1.13 ac lot Built 2002
Last sale Oct 2024 · $1,770,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 13,500 square foot flex space industrial building, constructed in 2002, is ideally situated in Cornelius, North Carolina, at 18515 Old Statesville Rd, zip code 28031. The single-story building offers five suites, with a total of 32 parking spaces and five drive-in bays. Currently, the entire 13,500 square feet is available for lease. The space is highly versatile, catering to a range of business needs. Units can be leased individually, with a minimum divisible space of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value · 2024$1.57M
Assessed land$436k
Assessed improvement$1.13M
Effective rate0.65%

Value estimate

· Sep 2026
$1.77M
$1.59M – $1.95M
AI approach$1.77M
CAP approach$1.18M
Submarket $/SF estimate$2.36M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$310/SF
ZIP average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$139 – $632
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IC
Industrial Campus districts are coded to permit the development of light industries. Such developments are typically too large in scale t...
General categoryINDUSTRIAL
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.5
Building Supply15.8
Spa & Massage15.3

Location

18515 Old Statesville Rd Cornelius, NC 28031-9067
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11034 Bailey, Cornelius, NC 28031-9106 $2,449,000 Jan 2026 10,163 SF
18619 Starcreek, Cornelius, NC 28031-9328 $1,475,000 Feb 2022 12,105 SF
10442 Bailey Rd, Cornelius, NC 28031-9094 $1,550,000 Nov 2020 10,055 SF
18919 Catawba, Cornelius, NC 28031-5606 $3,000,000 Nov 2020 12,430 SF
Cornelius, NC 28031 $1,550,000 Jun 2019 12,550 SF
18530 Starcreek, Cornelius, NC 28031-9329 $1,135,000 Apr 2019 12,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
5 properties of the same type nearby
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