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Property profile & analytics
OFF-MARKET
Turn key restaurants
643 Williamson Rd, Mooresville, NC 28117-8143
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US53-1115072
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2000
Construction
WOOD
Total area
7,282 SF
Lot
0.99 ac (43,081 SF)
Zoning code
CM
APN
4646-56-1599.000
UPID
US53-1115072
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
-
The Reserve Room at Eddie's Restaurant
-
Eddie's on Lake Norman Restaurant
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
643 Williamson Road LLC · 13 yrs held
643 Williamson Road LLC
since 2013
7 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
$17,550
Tax year 2023
Assessed value
$1,784,220
Assessed 2023
Previous assessed
$1,292,060
+38.1% YoY
Effective rate
0.98%
On assessed value
Assessed land
$840,650
Assessed improvement
$943,570
Land market value
$840,650
Improvement market value
$943,570
Total market value
$1,784,220
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2000
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
7,282 SF
Lot
0.99 ac (43,081 SF)
Zoning code
CM
APN
4646-56-1599.000
UPID
US53-1115072
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
2000
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
643 Williamson Road LLC
Entity
Mailing address
108 TROTTER RDG DR, MOORESVILLE, NC 28117-5968
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2022
—
643 Williamson Road LLC
—
Deed
related
$500,000 · Wells Fargo Bank NA
May 15, 2017
—
643 Williamson Road LLC
—
Deed
related
$200,000 · Wells Fargo Bank NA
Jun 28, 2013
$1,325,000
643 Williamson Road LLC
Vinnies Ventures LLC
Warranty Deed
$200,000 · Joseph Tavolacci
—
—
Vinnies Ventures LLC
—
Loan Modification
related
$150,000 · Bank Of The Ozarks
—
—
Vinnies Ventures LLC
—
Loan Modification
related
$762,000 · Bank Of The Ozarks
—
—
Vinnies Ventures LLC
—
Deed Of Trust
related
$930,000 · Bank Of The Ozarks
—
—
Vinnies Ventures LLC
—
Deed Of Trust
related
$630,000 · Bank Of The Ozarks
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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