Property profile

233 Davie Ave Statesville, NC 28677

OFF-MARKET
Office buildings
Property ID
US53-1240940
2,846 SF 0.14 ac lot Built 1911
Entity Owned Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This commercial office property is located in downtown Statesville, North Carolina, within a 0.14-acre lot and positioned across from the Iredell County Courthouse with frontage and visibility along Davie Avenue and Water Street. The building contains over 2,600 square feet of office space with on-site parking. The main level includes five private offices or rooms, a break room, a waiting area, two bathrooms, and original hardwood flooring, along with natural light. An upper level provides three offices or rooms, two of which include walk-in closets or storage areas, and one bathroom. A basement level offers additional storage.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1911
Total area 2,846 SF
Lot 0.14 ac (6,098 SF)
Zoning code O-1
APN 4744-06-8618.000
UPID US53-1240940

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service

Location

233 Davie Ave Statesville, NC 28677-5316
Statesville metro Census 60500 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2025
1 recorded transaction
2025
$250,000

Zoning & alternative use

O-1 · Statesville, NC
Zoning description

nt yard setback for multi-family developments is ten (10) feet. Zero-lot line setbacks shall be permitted for interior units. 5. A five-foot vegetative buffer shall be required along the side and rear property lines. M.…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 233 Davie Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message