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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Specialty properties
239 Wing Dr, Statesville, NC 28625-1620
Individually Owned
16-yr Hold
Free & Clear
Property ID
US53-0750832
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2022
Construction
STEEL FRAME
Total area
8,000 SF
Lot
14 ac (609,840 SF)
Zoning code
RA
APN
4703-09-3538.000
UPID
US53-0750832
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
-
Iredell County FOP #10 Lodge and Range Shooting Range
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Iredell Cnty Ldg No 10/fratern · 16 yrs held
Iredell Cnty Ldg No 10/fratern
since 2010
1 recorded transaction
Zoning & alternative use
RA · Statesville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$850,000
+66.7%
Commercial (general)
$815,000
+60.0%
Restaurant
$630,000
+23.3%
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 Statesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesville 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$510,000
Current use
OFFICE BUILDING
$850,000
Change: +67% · Conversion: Difficult
COMMERCIAL (GENERAL)
$815,000
Change: +60% · Conversion: Difficult
RESTAURANT
$630,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$610,000
Change: +20% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$590,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$555,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$445,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$64 / 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
$5,274
Tax year 2023
Assessed value
$883,720
Assessed 2023
Previous assessed
$93,080
+849.4% YoY
Effective rate
0.60%
On assessed value
Assessed land
$82,600
Assessed improvement
$801,120
Land market value
$82,600
Improvement market value
$801,120
Total market value
$883,720
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2022
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
8,000 SF
Lot
14 ac (609,840 SF)
Zoning code
RA
APN
4703-09-3538.000
UPID
US53-0750832
Jurisdiction
IREDELL
Zoning & alternative use
RA · Statesville, NC
Zoning RA · permitted uses
RA · Statesville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Statesville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$510,000
OFFICE BUILDING
Est. value
$850,000
COMMERCIAL (GENERAL)
Est. value
$815,000
RESTAURANT
Est. value
$630,000
RETAIL STORES
Est. value
$610,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$590,000
AUTO REPAIR, GARAGE
Est. value
$555,000
MEDICAL BUILDING
Est. value
$445,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2022
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
2
Lot
14 ac
Current owner
From public records · entity-resolved
Iredell Cnty Ldg No 10/fratern
Individual
Free & Clear · 16 yrs held
Mailing address
PO BOX 5304, STATESVILLE, NC 28687-5304
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2010
$154,000
Iredell Cnty Ldg No 10/fratern
Vang,pao
Warranty 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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