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Property profile & analytics
OFF-MARKET
Estimated value
$205,000
Commercial real estate
2179 Charlotte Hwy Mooresville, NC 28117-8495
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-1215258
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1991
Construction
STONE
Total area
3,680 SF
Lot
0.66 ac (28,750 SF)
Zoning code
NMX
APN
4658-53-3676.000
UPID
US53-1215258
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
-
Air Tech LLC Hardware & Home Improvement HVAC Service
-
Salon image Hair Salon
-
Color Cabana Hair Salon is now Salon Image Hair Salon Nail Salon
-
Affordable Comfort Systems Inc Hardware & Home Improvement HVAC Service
-
Vallure Beauty Lashes and Skin Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$215k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$205k
Owner & transaction history
Rmz Investments LLC · 1 yrs held
Rmz Investments LLC
since 2024
Last sale
$340,000
5 recorded transactions
Zoning & alternative use
NMX · Mooresville, NC
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
Method
Estimation
Statistic approach
$205,000
ML approach
$215,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$205k
Range $185k – $226k · ±10% · vs last sale $340k (Aug 12 2024)
Last sale anchor
$340k
Aug 12 2024
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
$56 / 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
$1,509
Tax year 2023
Assessed value
$255,830
Assessed 2023
Previous assessed
$227,450
+12.5% YoY
Effective rate
0.59%
On assessed value
Assessed land
$82,500
Assessed improvement
$173,330
Land market value
$82,500
Improvement market value
$173,330
Total market value
$255,830
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 (GENERAL)
Status
Off-Market
Year built
1991
Construction
STONE
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Rooms
1
Total area
3,680 SF
Lot
0.66 ac (28,750 SF)
Zoning code
NMX
APN
4658-53-3676.000
UPID
US53-1215258
Jurisdiction
IREDELL
Zoning & alternative use
NMX · Mooresville, NCZoning NMX · permitted uses
NMX · Mooresville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Layer: Town Zoning (ID: 3)
Building & site characteristics
From public records
Year built
1991
Construction
STONE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Rmz Investments LLC
Entity
Mailing address
508 W PARK AVE, MOORESVILLE, NC 28115-2163
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2024
$340,000
Rmz Investments LLC
Janet Groce Settle
Warranty Deed
$340,000 · Janet Settle
Mar 1, 2022
$225,000
Charles Settle Avery JR
Michael Monroe Riddle
Warranty Deed
—
Mar 10, 2017
—
Michael M Riddle
Sullivan,cicero E & Cindy B
Quit Claim Deed
related
—
Jan 13, 2017
—
Cicero E Sullivan
Sullivan,cicero E & Cindy B
Quit Claim Deed
related
—
Jan 3, 1994
$125,000
Refiner's Fire Church INC
Unknown
Grant 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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