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Property profile & analytics
OFF-MARKET
Estimated value
$6,995,000
Office buildings
2319 Statesville Hwy, Mooresville, NC 28115-7967
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-5474185
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Construction
STEEL FRAME
Total area
28,500 SF
Lot
12.73 ac (554,519 SF)
Zoning code
HLI
APN
4668-01-5345.000
UPID
US53-5474185
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
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Turbo Carpet Cleaning Carpet Cleaning Service
-
STAR STORAGE WORLD - Mooresville Self Storage Facility Storage Facility
-
Hot2own Boutique Clothing Store Women'S Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.20M
Comparable Approach
Comparable
$7.83M
Blend (final)
Blend
$7.00M
Owner & transaction history
Dead Stones LLC · 5 yrs held
Dead Stones LLC
since 2020
3 recorded transactions
Zoning & alternative use
HLI · Mooresville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$8.9M
+72.1%
Restaurant
$6.9M
+33.9%
Medical building
$5.6M
+7.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,885,000
6.5%
$8,200,000
7%
$7,615,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,155,000
Current use
INDUSTRIAL (GENERAL)
$8,870,000
Change: +72% · Conversion: Difficult
RESTAURANT
$6,900,000
Change: +34% · Conversion: Moderate
MEDICAL BUILDING
$5,560,000
Change: +8% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,950,000
Change: -4% · Conversion: Easy
RETAIL STORES
$4,290,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$7.00M
Range $6.30M – $7.69M · ±10%
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
$245 / 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
$81,072
Tax year 2023
Assessed value
$7,120,360
Assessed 2023
Previous assessed
$3,769,500
+88.9% YoY
Effective rate
1.14%
On assessed value
Assessed land
$636,500
Assessed improvement
$6,483,860
Land market value
$636,500
Improvement market value
$6,483,860
Total market value
$7,120,360
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
8
Stories
1
Total area
28,500 SF
Lot
12.73 ac (554,519 SF)
Zoning code
HLI
APN
4668-01-5345.000
UPID
US53-5474185
Jurisdiction
IREDELL
Zoning & alternative use
HLI · Mooresville, NC
Zoning HLI · permitted uses
HLI · Mooresville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mooresville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.2M
INDUSTRIAL (GENERAL)
Est. value
$8.9M
RESTAURANT
Est. value
$6.9M
MEDICAL BUILDING
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$5.0M
RETAIL STORES
Est. value
$4.3M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
8
Lot
12.73 ac
Current owner
From public records · entity-resolved
Dead Stones LLC
Entity
Mailing address
2319 STATESVILLE HWY, MOORESVILLE, NC 28115-7967
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Nov 1, 2021
—
Dead Stones LLC
—
Deed
related
$3,700,000 · Peoples Bank
Oct 9, 2020
—
Dead Stones LLC
Dead Stones LLC
Intrafamily Transfer
related
$2,700,000 · Peoples Bank
Oct 7, 2008
—
Dead Stones LLC
Darkstar LLC
Warranty Deed
$800,000 · Peoples 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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