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Property profile & analytics
OFF-MARKET
Industrial properties
197 Byers Crk Rd Ste I Mooresville, NC 28117-6990
Individually Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1189896
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2007
Construction
STEEL FRAME
Total area
2,100 SF
Lot
3.44 ac (149,846 SF)
Zoning code
HLI
APN
4647-89-6824.109
UPID
US53-1189896
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
-
Saacke North America LLC Industrial Manufacturer Factory
-
Lake Norman Cedar Products General Contractor
-
Sadev Transmission, Inc. Auto Parts Store
-
New Horizons Training Center
-
J Hunt & Company A Division of Jimco (Bike/Boat/Book/etc) Store Hardware & Home Improvement
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
Richard J Bischof
Richard J Bischof
1 recorded transaction
Zoning & alternative use
HLI · Mooresville, 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 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
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
$2,434
Tax year 2023
Assessed value
$247,460
Assessed 2023
Previous assessed
$213,970
+15.7% YoY
Effective rate
0.98%
On assessed value
Assessed land
$25,800
Assessed improvement
$221,660
Land market value
$25,800
Improvement market value
$221,660
Total market value
$247,460
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
RADIANT
Cooling
NONE
Stories
1
Bathrooms
2
Total area
2,100 SF
Lot
3.44 ac (149,846 SF)
Zoning code
HLI
APN
4647-89-6824.109
UPID
US53-1189896
Jurisdiction
IREDELL
Zoning & alternative use
HLI · Mooresville, NC
Zoning HLI · permitted uses
HLI · 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.
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
RADIANT
Cooling
Yes
Stories
1
Bathrooms
2
Lot
3.44 ac
Current owner
From public records · entity-resolved
Richard J Bischof
Individual
Mailing address
115 IVY CRK LN, MOORESVILLE, NC 28115-2384
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Richard J Bischof
—
Deed Of Trust
related
$221,430 · Blueharbor 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.
Try Rey
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