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Financial
Distress signals
Property profile

224 Harrill St Statesville, NC 28677

FOR SALE
Office buildings
Property ID
US53-1843930
4,994 SF 0.41 ac lot Built 1947
Last sale Jan 1990 · $165,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A two-story brick building in Statesville, North Carolina, configured for professional office use and other compatible business purposes. The main level includes a reception desk and waiting area, six enclosed offices, a conference room, a kitchen, and two bathrooms, with closet storage throughout. The second floor contains two residential apartments, each with two bedrooms and one bathroom, with access from the rear parking lot. The property includes on-site parking at the rear and is situated…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$269k
Assessed land$82k
Assessed improvement$187k
Effective rate1.12%

Value estimate

· Oct 2026
$160k
$144k – $176k
AI approach$145k
NOI build-up
Gross scheduled income$87k
Vacancy & credit loss−$4k
Operating expenses−$37k
NOI · 8.90% cap applied$45k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$100/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$52 – $156
Qualifying comparables7

Cap rate analysis

How does the asset earn?
8.90%
$45k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
O-1
The purpose of O-1 district is to provide a high quality environment for professional offices and services conducted entirely within buil...
General categoryRESIDENTIAL
JurisdictionIREDELL

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop23.1
Building Supply18.6
Restaurant16.4

Location

224 Harrill St Statesville, NC 28677
County assessor Recorded deeds · 4 transfers 7 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
255 Stamey Farm, Statesville, NC 28677-8325 $41,250,000 Jan 2026 5,510 SF
1521 Newton, Statesville, NC 28677-5040 $800,000 Jun 2025 4,000 SF
228 Broad, Statesville, NC 28677-5258 $675,000 Nov 2024 4,197 SF
115 Ctr, Statesville, NC 28677-5255 $270,000 Nov 2023 4,920 SF
316 Broad, Statesville, NC 28677-5327 $365,000 Mar 2023 3,954 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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