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Property profile & analytics
OFF-MARKET
Office Spaces
438 Williamson Rd Ste A Mooresville, NC 28117-9224
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-2667965
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2006
Construction
STONE
Total area
1,230 SF
Lot
1.2 ac (52,272 SF)
Zoning code
CM
APN
4647-30-5245.101
UPID
US53-2667965
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
-
Dr. Kara K. Lembo, DDS Dental Office
-
Lembo Montgomery Mooresville Dentist Dental Office
-
Shuping George DDS Dental Office
-
Montgomery Lindsay DDS Dental Office
-
Foundation Homes Residential LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nichols-coe LLC · 2 yrs held
Nichols-coe LLC
since 2024
Last sale
$300,000
5 recorded transactions
Zoning & alternative use
CM · Mooresville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,516
Tax year 2023
Assessed value
$255,780
Assessed 2023
Previous assessed
$200,640
+27.5% YoY
Effective rate
0.98%
On assessed value
Assessed land
$78,000
Assessed improvement
$177,780
Land market value
$78,000
Improvement market value
$177,780
Total market value
$255,780
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2006
Construction
STONE
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Rooms
1
Total area
1,230 SF
Lot
1.2 ac (52,272 SF)
Zoning code
CM
APN
4647-30-5245.101
UPID
US53-2667965
Jurisdiction
IREDELL
Zoning & alternative use
CM · Mooresville, NC
Zoning CM · permitted uses
CM · 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.
Building & site characteristics
From public records
Year built
2006
Construction
STONE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
Nichols-coe LLC
Entity
Mailing address
1927 S TRYON ST STE #205, CHARLOTTE, NC 28203-4688
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
$300,000
Nichols-coe LLC
Gbk Williamson LLC
Warranty Deed
—
Dec 7, 2018
$250,000
Gbk Williamson LLC
Ckjg Properties LLC
Warranty Deed
$686,000 · Pinnacle Bank
Mar 25, 2011
$65,000
Ckjg Properties LLC
438 Williamson Road LLC
Warranty Deed
$110,500 · Southern Community Bank
—
—
Ckjg Properties LLC
—
Deed Of Trust
related
$26,000 · Southern Community Bank
—
—
Ckjg Properties LLC
—
Deed Of Trust
related
$50,000 · Peoples Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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