Property profile

725 Sullivan Rd Statesville, NC 28677

OFF-MARKET
Commercial real estate
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Property ID
US53-2733766
2,175 SF 0.22 ac Built 1988
Last sale Nov 2013·$235,000
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$276k
Assessed land$133k
Assessed improvement$143k
Effective rate1.02%

Value estimate

· Nov 2026
$250k
$225k – $275k
AI approach$250k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$50/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$34 – $89
Qualifying comparables14

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-4
The purpose of R-4 district is to accommodate general and automobile oriented commercial businesses.
General categoryCOMMERCIAL
JurisdictionIREDELL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.5
Auto Repair Shop13.4
HVAC Service12.6

Location

725 Sullivan Rd Statesville, NC 28677-3439
County assessor Recorded deeds · 2 transfers 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
323 Security, Statesville, NC 28677-5092 $200,000 Sep 2024 1,700 SF
327 Frnt, Statesville, NC 28677-5817 $135,000 Sep 2024 1,952 SF
403 Frnt, Statesville, NC 28677-5908 $255,000 Sep 2023 3,488 SF
Amity Hl, Statesville, NC 28677 $3,914,000 Sep 2023 1,100 SF
1715 Shelton, Statesville, NC 28677-7227 $33,000 Jun 2023 4,144 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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