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Property profile & analytics
OFF-MARKET
Estimated value
$10,920,000
Strip malls
1911 Broad St 1929, Statesville, NC 28625-4309
Entity Owned
Free & Clear
Property ID
US53-5612335
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
53,642 SF
Lot
17.17 ac (747,838 SF)
Zoning code
B-3
APN
4754-08-9301.000
UPID
US53-5612335
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
-
Dr. Girouard's Weight Loss & Wellness Clinics - Statesville Weight Loss Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.12M
CAP Approach
CAP
$12.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.92M
Owner & transaction history
The Shoppes At Broad Street Holding
The Shoppes At Broad Street Holding
since 2025
Last sale
$10.9M
7 recorded transactions
Zoning & alternative use
B-3 · Statesville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Method
Estimation
Statistic approach
$10,530,000
ML approach
$10,115,000
CAP Approach
CAP Return
Estimation
6%
$13,165,000
6.5%
$12,155,000
7%
$11,285,000
Blend value · Realmo final
$10.92M
Range $9.83M – $12.01M · ±10% · vs last sale $10.90M (Nov 24 2021)
Last sale anchor
$10.90M
Nov 24 2021
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
$204 / 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
$147,989
Tax year 2023
Assessed value
$14,542,980
Assessed 2023
Previous assessed
$12,996,360
+11.9% YoY
Effective rate
1.02%
On assessed value
Assessed land
$3,296,260
Assessed improvement
$11,246,720
Land market value
$3,296,260
Improvement market value
$11,246,720
Total market value
$14,542,980
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
5
Stories
1
Units
1
Bathrooms
6
Total area
53,642 SF
Lot
17.17 ac (747,838 SF)
Zoning code
B-3
APN
4754-08-9301.000
UPID
US53-5612335
Jurisdiction
IREDELL
Zoning & alternative use
B-3 · Statesville, NC
Zoning B-3 · permitted uses
B-3 · Statesville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Statesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
5
Units
1
Bathrooms
6
Lot
17.17 ac
Current owner
From public records · entity-resolved
The Shoppes At Broad Street Holding
Entity
Free & Clear · 0 yrs held
Mailing address
6172 AIRWAYS BLVD STE #103, CHATTANOOGA, TN 37421-2915
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2025
$22,250,000
The Shoppes At Broad Street Holding
Broad St Holdings LLC
Warranty Deed
—
Nov 24, 2021
—
Standard Insurance Company
Broad St Holdings LLC
Assignment Of Lease (leasehold Sale)
—
Nov 24, 2021
$10,900,000
Broad St Holdings LLC
Rcc Shoppes At Broad Street LLC
Special Warranty Deed
$7,085,000 · Standard Insurance Co
May 16, 2014
—
Rcc Shoppes Of Broad Street LLC
Statesville Shoppes Corp
Quit Claim Deed
related
—
May 16, 2014
$14,852,000
Rcc Shoppes Of Broad Street LLC
Statesville Shoppes Corp
Grant Deed
—
May 12, 2004
$17,200,000
Statesville Shoppes Corp
Progressive Dev Ptrs Of Statesvil
Grant Deed
related
—
May 11, 2004
$17,200,000
Statesville Shoppes Corp
Progressive,deve
Trustees Deed
—
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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