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Financial
Distress signals
Property profile

212 Main St Mooresville, NC 28115

OFF-MARKET
Commercial real estate
Property ID
US53-1825059
4,654 SF 0.09 ac lot Built 1906
Last sale May 2024 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1,888 square foot retail space, currently undergoing a complete remodel and upfit, presents a unique opportunity for a restaurant or similar business in the thriving Downtown Mooresville area. Located on Main Street in Iredell County, this single-tenant property boasts a prominent location within a rapidly expanding submarket recognized nationally for its growth. The building, formerly home to the well-known Cotton Ketchie's Landmark Galleries, Inc., is poised for a fresh…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$519k
Assessed land$75k
Assessed improvement$444k
Effective rate1.28%

Value estimate

· Oct 2026
$650k
$585k – $715k
AI approach$650k
Submarket $/SF estimate$745k

Realmo valuation models over county records and 22 qualifying comparable sales.

Recently sold

What actually traded nearby?
$174/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$102 – $258
Qualifying comparables22

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?
TD
The TD (Traditional Downtown) district is intended to support and preserve the urban form of downtown Mooresville. District standards sup...
General categoryMIXED_USE
JurisdictionIREDELL

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.2
Nail Salon10.6
HVAC Service10.5

Location

212 Main St Mooresville, NC 28115-2528
County assessor Recorded deeds · 3 transfers 22 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
118 Main, Mooresville, NC 28115-2526 $100,000 Mar 2025 4,644 SF
177 Main, Mooresville, NC 28115-2525 $1,100,000 May 2023 4,180 SF
101 Main, Mooresville, NC 28115-2525 $99,500 Aug 2022 5,460 SF
138 Main, Mooresville, NC 28115-2526 $1,000,000 Jul 2022 3,942 SF
1103 Main, Mooresville, NC 28115 $575,000 Jun 2022 5,792 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
6 properties of the same type nearby
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