Property profile

807 Cherry Ln Statesville, NC 28677

OFF-MARKET
Garden apartment buildings
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Property ID
US53-2850109
7,392 SF 2.19 ac Built 1984
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 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?
$19k
Tax billed · 2023
Assessed value$1.68M
Assessed land$99k
Assessed improvement$1.58M
Effective rate1.12%

Value estimate

· Nov 2026
$685k
$617k – $754k
Submarket $/SF estimate$721k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$993/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$116 – $2,001
Qualifying comparables6

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?
R-5
R-A, R-20, R-15, R-15M, R-10, R-10M, R-5, R-5M, R-5MF except that entrance signs and subdivision signs may be externally illuminated from...
General categoryRESIDENTIAL
JurisdictionIREDELL

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.2
Tailor Shop9.4
Cafe & Coffee Shop9.2

Location

807 Cherry Ln Statesville, NC 28677-5173
County assessor Recorded deeds · 3 transfers 6 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
230 Harrill, Statesville, NC 28677-5335 $450,000 Feb 2023 5,118 SF
402 Stockton, Statesville, NC 28677-4173 $300,000 Mar 2022 4,329 SF
412 Ctr, Statesville, NC 28677-5864 $1,100,000 Jun 2021 4,340 SF
236 Kelly, Statesville, NC 28677-5266 $575,000 Mar 2021 11,356 SF
134 Bostian Lk, Statesville, NC 28677-9042 $155,000 Jul 2019 4,708 SF
501 Vly, Statesville, NC 28677-7936 $6,000,000 Nov 2018 8,706 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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