Property profile

550 Glenwood Dr Mooresville, NC 28115

OFF-MARKET
Assisted living facilities
Property ID
US53-0811036
50,427 SF 11.56 ac lot Built 1987
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1987
Construction WOOD
Total area 50,427 SF
Lot 11.56 ac (503,641 SF)
Zoning code RLI
APN 4666-27-0117.000
UPID US53-0811036

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Employment Agency
  • Health
  • Physician

Location

550 Glenwood Dr Mooresville, NC 28115-2876
Mooresville metro Census 61503 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$12.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$12.57M

Owner & transaction history

since 2025
Last sale
$12.7M
7 recorded transactions
2025
$24.0M
2025
Price N/A
2023
Price N/A
2020
Price N/A
2020
$12.7M
2016
Price N/A
2016
$12.9M

Zoning & alternative use

RLI · Mooresville, NC
Zoning description

The purpose of the RLI (Residential Low Intensity) district is to provide lands for primarily single family detached residential development, as well as limited commercial and institutional development. Duplex and small…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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