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    Property profile & analytics

    209 Medical Park Rd Mooresville, NC 28117-8542

    • Hotels
    • 62,011 SF
    • 2.26 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 14, 2021
    $16,800,000
    Location Intelligence
    Property ID
    US53-4051899
    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.

    Current Use by Public Records

    • Home2 Suites by Hilton Charlotte Mooresville / Extended Stay Hotel / Hotel

    Property Details for 209 Medical Park Rd

    Year built
    2017
    Construction
    STEEL FRAME
    Lot size
    2.26 lot acres
    Property size
    62,011 SF
    Zone code
    CM
    Property type
    Hotels
    Property subtype
    Motels
    APN
    4646-81-9316.000
    APU
    4646819316000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mooresville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.853
    Latitude
    35.5531
    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
    $126,216
    $815,040
    $12,016,970
    $12,832,010
    -
    $815,040
    $12,016,970
    $12,832,010

    Comparable in this City

    • Value Estimation by Request
      54,558 SF

      3247 Charlotte Hwy

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    • Value Estimation by Request
      28,978 SF

      140 Days Inn Dr

      HOTEL/MOTEL • 28,978 SF
      140 Days Inn Dr, Mooresville, NC 28117-6323
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    • Value Estimation
      $7,540,000
      55,187 SF

      122 Regency Ctr Dr

      HOTEL/MOTEL • 55,187 SF
      122 Regency Ctr Dr, Mooresville, NC 28117-6870
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    • Value Estimation by Request
      86,542 SF

      159 Gtwy Blvd

      HOTEL/MOTEL • 86,542 SF
      159 Gtwy Blvd, Mooresville, NC 28117-5540
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    • Value Estimation
      $645,000
      31,447 SF

      110 Executive Ctr Pl

      HOTEL/MOTEL • 31,447 SF
      110 Executive Ctr Pl, Mooresville, NC 28117
      View Details
    • Value Estimation by Request
      76,502 SF

      109 Alcove Rd

      HOTEL/MOTEL • 76,502 SF
      109 Alcove Rd, Mooresville, NC 28117-7518
      View Details

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    Similar Nearby for Lease

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    Property Visit Statistics

    • Visits by month
      5.4k
    • Visitors by month
      2.5k
    • Avg Time on site
      519 min
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    209 Medical Park Rd
    Mooresville, NC 28117-8542
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    Realmo Value Estimation

    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.

    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.

    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
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