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Property profile & analytics
OFF-MARKET
Estimated value
$6,580,000
Warehouses
482 Plz Dr, Mooresville, NC 28115-8021
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-3896545
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
112,017 SF
Lot
22.8 ac (993,255 SF)
Zoning code
HLI
APN
4667-16-0387.000
UPID
US53-3896545
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
-
L B Plastics Inc Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.15M
Blend (final)
Blend
$6.58M
Owner & transaction history
Fivf-iii-bx-nc LP · 1 yrs held
Fivf-iii-bx-nc LP
since 2024
7 recorded transactions
Zoning & alternative use
HLI · 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
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
Blend value · Realmo final
$6.58M
Range $5.92M – $7.24M · ±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
$59 / 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
$83,408
Tax year 2023
Assessed value
$7,325,480
Assessed 2023
Previous assessed
$7,325,480
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,067,130
Assessed improvement
$6,258,350
Land market value
$1,067,130
Improvement market value
$6,258,350
Total market value
$7,325,480
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
NONE
Buildings
4
Stories
1
Rooms
2
Total area
112,017 SF
Lot
22.8 ac (993,255 SF)
Zoning code
HLI
APN
4667-16-0387.000
UPID
US53-3896545
Jurisdiction
IREDELL
Zoning & alternative use
HLI · Mooresville, NC
Zoning HLI · permitted uses
HLI · 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
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Rooms
2
Lot
22.8 ac
Current owner
From public records · entity-resolved
Fivf-iii-bx-nc LP
Entity
Mailing address
111 RIV ST, HOBOKEN, NJ 07030-5773
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2024
—
Fivf-iii-bx-nc LP
Fivf-iii-nc1 LLC
Special Warranty Deed
$81,500,000 · Merican General Life Insurance Comp
Dec 13, 2023
$123,650
Fivf III Nc1 LLC
Lbp Re LLC
Special Warranty Deed
—
Aug 27, 2018
$3,025,000
Caspre LLC
Lbp Re LLC
Correction Deed
—
Aug 24, 2018
$3,025,000
Caspre LLC
Lbp Re LLC
Grant Deed
$2,314,080 · Lbp Re LLC
Mar 15, 2018
—
Lbp Re LLC
—
Deed
related
$4,210,000 · First Hm Bk
Oct 9, 2015
—
Lbp Re LLC
L B Plastics INC
Quit Claim Deed
related
$4,500,000 · First Tn Bk
Nov 14, 2014
—
Lb Plastics INC
—
Grant Deed
related
$1,500,000 · Branch Bk&tr
—
—
Lbp Re LLC
—
Deed Of Trust
related
$4,210,000 · First Hm 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.
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