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    3111 Taylorsville Hwy Statesville, NC 28625-2964

    • Drug stores
    • 13,174 SF
    • 4.63 lot acres
    OFF-MARKET
    Value Estimation
    $590,000
    Last Sale
    Jan 25, 2024
    $575,000
    Location Intelligence
    Property ID
    US53-1938910
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • CVS Photo / Photo Lab / Digital Printer
    • CVS / Convenience Store / Greeting Card Shop
    • UPS Access Point location / Shipping And Mailing Service / Mailing Service
    • MoneyGram / Money Transfer Service
    • Robert Johnson, RPH / Pharmacy

    Property Details for 3111 Taylorsville Hwy

    Year built
    2000
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.63 lot acres
    Property size
    13,174 SF
    Zone code
    B-4
    Property type
    Drug stores
    APN
    4724-59-0975.000
    APU
    4724590975000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $575,000

    • CAP approach

      CAP return
      Estimation
      6%
      $600,000
      6.5%
      $590,000
      7%
      $550,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $705,000
      Geo Method
      $665,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $570,000
      Retail
      $655,000
      Mixed-Use
      $530,000
      Hospitality
      $520,000
      Educational
      $650,000
      Residential Income
      $635,000
      Energy
      $650,000
      Income-Based Land
      $580,000
      Food Service
      $500,000

    Location Insight

    • Map
    • Local Demand
    City
    Statesville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.9386
    Latitude
    35.7952
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,012
    $1,055,870
    $1,303,820
    $2,359,690
    -
    $1,055,870
    $1,303,820
    $2,359,690

    Comparable in this City

    • Value Estimation by Request
      16,044 SF

      1550 Wilkesboro Hwy

      DRUG STORE, PHARMACY • 16,044 SF
      1550 Wilkesboro Hwy, Statesville, NC 28625-8723
      View Details
    • Value Estimation by Request
      12,844 SF

      178 Turnersburg Hwy

      DRUG STORE, PHARMACY • 12,844 SF
      178 Turnersburg Hwy, Statesville, NC 28625-2890
      View Details
    • Value Estimation by Request
      14,530 SF

      1716 Broad St

      DRUG STORE, PHARMACY • 14,530 SF
      1716 Broad St, Statesville, NC 28625-4306
      View Details
    • Value Estimation
      $5,085,000
      35,922 SF

      3446 Broad St, Unit 3478

      GROCERY, SUPERMARKET • 35,922 SF
      3446 Broad St, Statesville, NC 28625-4523
      View Details
    • Value Estimation
      $335,000
      777 SF

      556 Sharon School Rd

      CONVENIENCE STORE • 777 SF
      556 Sharon School Rd, Statesville, NC 28625-1604
      View Details
    • Value Estimation
      $315,000
      2,316 SF

      3310 Taylorsville Hwy

      CONVENIENCE STORE • 2,316 SF
      3310 Taylorsville Hwy, Statesville, NC 28625-2900
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      1.00 Acre

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      ±1 Acre Commercial Lot, High Traffic
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      Secluded Hardwood Acreage For Sale

      14.57 acres of secluded land with mature hardwoods.
      258 New Salem Rd, Statesville, NC 28625
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    • $98,000
      1.04 Acres

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      1.04 acre residential land for sale near I-40.
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    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Retail Space in Community Center

      Retail space available in community center anchored by Food Lion.
      1670 East Broad St, Statesville, NC 28625
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    • $30 SF/Yr
      1,202 SF

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      Newer retail center with high visibility and easy access.
      187 Turnersburg Hwy, Statesville, NC 28625
      View Details
    • $15 SF/Yr
      3,410 SF

      Retail Space Near Amenities

      Retail space available near hotels, restaurants, and car dealerships.
      1525-1531 Cinema Dr, Statesville, NC 28625
      View Details
    • Contact for pricing

      Statesville Drive-Thru Restaurant Opportunity

      Freestanding drive-thru restaurant space in Statesville's retail corridor.
      Statesville, NC 28625
      View Details
    • $15 SF/Yr
      40,425 SF

      Eastgate Commons Retail Space

      Last retail space; Food Lion anchored.
      3446 Broad St, Statesville, NC 28625
      View Details
    • Contact for pricing
      1,200 SF

      Community Center Retail Spaces Available

      Retail spaces available in community center anchored by Food Lion.
      1630 E Broad St, Statesville, NC 28625
      View Details
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    Statesville, NC 28625-2964
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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