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Property profile & analytics
OFF-MARKET
Estimated value
$3,565,000
Office buildings
2788 Charlotte Hwy, Mooresville, NC 28117-8050
Individually Owned
4-yr Hold
Free & Clear
Property ID
US53-1463848
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
STEEL FRAME
Total area
9,500 SF
Lot
1.22 ac (53,143 SF)
Zoning code
CC
APN
4657-21-7505.000
UPID
US53-1463848
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
-
SafeNest Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.44M
CAP Approach
CAP
$2.74M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.57M
Owner & transaction history
Town And Country Mooresville Owner · 4 yrs held
Town And Country Mooresville Owner
since 2022
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
CC · Mooresville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.0M
+6.3%
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 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
$3,655,000
ML approach
$3,435,000
CAP Approach
CAP Return
Estimation
6%
$2,960,000
6.5%
$2,735,000
7%
$2,540,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,850,000
Current use
INDUSTRIAL (GENERAL)
$3,030,000
Change: +6% · Conversion: Difficult
RESTAURANT
$2,300,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$3.57M
Range $3.21M – $3.92M · ±10% · vs last sale $4.00M (May 9 2022)
Last sale anchor
$4.00M
May 9 2022
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
$375 / 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
$14,166
Tax year 2023
Assessed value
$1,244,140
Assessed 2023
Previous assessed
$615,860
+102.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$333,060
Assessed improvement
$911,080
Land market value
$333,060
Improvement market value
$911,080
Total market value
$1,244,140
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
2007
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Rooms
66
Bathrooms
1
Total area
9,500 SF
Lot
1.22 ac (53,143 SF)
Zoning code
CC
APN
4657-21-7505.000
UPID
US53-1463848
Jurisdiction
IREDELL
Zoning & alternative use
CC · Mooresville, NC
Zoning CC · permitted uses
CC · 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
$2.9M
INDUSTRIAL (GENERAL)
Est. value
$3.0M
RESTAURANT
Est. value
$2.3M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
RESTAURANT
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
2007
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Rooms
66
Bathrooms
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
Town And Country Mooresville Owner
Individual
Free & Clear · 4 yrs held
Mailing address
300 S TRYON ST STE #2500, CHARLOTTE, NC 28202-0135
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2026
—
Town And Country Mooresville O
—
Deed
related
$160,000,000
Sep 1, 2022
—
Town And Country Mooresvieee Owner
—
Deed
related
$300,000,000 · Key Bank NA
May 9, 2022
$4,000,000
Town And Country Mooresville Owner
A Town & Country Storage Mooresvill
Special Warranty Deed
—
May 9, 2022
—
Town And Country Mooresvllle Owner
A Town & Country Storage Mooresvill
Deed
—
Sep 15, 2006
$1,500,000
Town & Country Storage Two LLC
Richard Granger
Warranty Deed
$1,050,000 · Suntrust Bank
Jan 1, 1994
$70,500
Rodney L Tavenner
Unknown
Grant Deed
related
—
—
—
A Town
—
Deed Of Trust
related
$1,500,000 · Blueharbor Bank
—
—
Town & Country Storage Two LLC
—
Deed Of Trust
related
$1,950,000 · Piedmont 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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