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Property profile & analytics
OFF-MARKET
Commercial real estate
216 Overhill Dr Mooresville, NC 28117-7000
Individually Owned
19-yr Hold
Free & Clear
Property ID
US53-0509985
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Lot
1.3 ac (56,628 SF)
Zoning code
HLI
APN
4647-88-5788.000
UPID
US53-0509985
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
-
City Lighting Products, Co Distribution Center Logistics Company
-
IT Connect Employment Agency
-
StorageMotion, Inc. Industrial Manufacturer Production Facility
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
Pointe Busn Park Condo Talbert · 19 yrs held
Pointe Busn Park Condo Talbert
since 2006
3 recorded transactions
Zoning & alternative use
HLI · Mooresville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The HLI (Hybrid Light Industrial) zoning district allows a range of office, light manufacturing, and warehousing development, including flex uses, in addition to supportive uses such as restaurants, hotels, recreation, personal services, and other commercial and institutional development that are oriented towards and directed at clients of the primary uses.…
Zone name
Hybrid Light Industrial
General category
INDUSTRIAL
Zone area
2,183.16 ac
Source
Realmo
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
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Heating
NONE
Lot
1.3 ac (56,628 SF)
Zoning code
HLI
APN
4647-88-5788.000
UPID
US53-0509985
Jurisdiction
IREDELL
Zoning & alternative use
HLI · Mooresville, NCZoning HLI · permitted uses
HLI · Mooresville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The HLI (Hybrid Light Industrial) zoning district allows a range of office, light manufacturing, and warehousing development, including flex uses, in addition to supportive uses such as restaurants, hotels, recreation, personal services, and other commercial and institutional development that are oriented towards and directed at clients of the primary uses. Industrial uses that have limited impacts on nearby properties are generally allowed.
Zone name
Hybrid Light Industrial
General category
INDUSTRIAL
Zone area
2,183.16 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
1.3 ac
Current owner
From public records · entity-resolved
Pointe Busn Park Condo Talbert
Individual
Free & Clear · 19 yrs held
Mailing address
PO BOX 2476, MATTHEWS, NC 28106-2476
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2018
—
Cl Mooresville LLC
—
Deed
related
$50,453 · First National Bank Of Pennsylvania
Dec 11, 2006
—
Pointe Busn Park Condo Talbert
Park West Investments INC
Quit Claim Deed
—
—
—
Cl Mooresville LLC
—
Deed Of Trust
related
$552,000 · Yadkin 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.
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