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Financial
Distress signals
Property profile

237 Davie Ave Statesville, NC 28677

OFF-MARKET
Office buildings
Property ID
US53-1233282
4,888 SF 0.24 ac lot Built 2004
Last sale Apr 2022 · $575,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A office building, located at 237 Davie Avenue in downtown Statesville, NC, presents a unique investment opportunity. Built in 2004, the property boasts a total of 4,400 square feet across two stories, currently entirely vacant and ready for immediate occupancy. The building features a traditional office layout, easily divisible into spaces of at least 2,200 square feet, accommodating multiple tenants or a single large occupant. With four individual suites available,…

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?
$6k
Tax billed · 2023
Assessed value$567k
Assessed land$45k
Assessed improvement$522k
Effective rate1.12%

Value estimate

· Oct 2026
$455k
$410k – $501k
AI approach$475k
Submarket $/SF estimate$763k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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
Auto Repair Shop17.2

Location

237 Davie Ave Statesville, NC 28677-5372
County assessor Recorded deeds · 3 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 · 17 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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