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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Office buildings
933 Brawley School Rd, Mooresville, NC 28117-8993
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-1260020
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
WOOD
Total area
2,299 SF
Lot
0.44 ac (19,166 SF)
Zoning code
NB
APN
4636-78-1963.000
UPID
US53-1260020
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
-
Suite Spot of Lake Norman Hair Salon Nail Salon
-
Kaley at Blooming Beauty Studio Hair Salon Nail Salon
-
drei Salon Hair Salon
-
Skin By Carlie Hair Salon Nail Salon
-
Kris Kutz Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$930k
CAP Approach
CAP
$660k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$845k
Owner & transaction history
Jonz LLC · 2 yrs held
Jonz LLC
since 2023
Last sale
$845,000
3 recorded transactions
Zoning & alternative use
NB · 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
$950,000
ML approach
$930,000
CAP Approach
CAP Return
Estimation
6%
$715,000
6.5%
$660,000
7%
$615,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$690,000
Current use
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $845k (Dec 29 2023)
Last sale anchor
$845k
Dec 29 2023
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
$368 / 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
$1,618
Tax year 2023
Assessed value
$274,220
Assessed 2023
Previous assessed
$274,220
+0.0% YoY
Effective rate
0.59%
On assessed value
Assessed land
$132,000
Assessed improvement
$142,220
Land market value
$132,000
Improvement market value
$142,220
Total market value
$274,220
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Rooms
4
Bathrooms
2
Total area
2,299 SF
Lot
0.44 ac (19,166 SF)
Zoning code
NB
APN
4636-78-1963.000
UPID
US53-1260020
Jurisdiction
IREDELL
Zoning & alternative use
NB · Mooresville, NC
Zoning NB · permitted uses
NB · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$690,000
OFFICE BUILDING Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
Jonz LLC
Entity
Mailing address
640 BELLINGSHIRE DR, MOUNT ULLA, NC 28125-7665
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2026
—
Jonzz LLC
—
Deed
related
$1,300,000 · Pinnacle Bank
Sep 16, 2024
—
Jonz LLC
—
Deed
related
$975,910 · Cogent Bank
Dec 29, 2023
$845,000
Jonz LLC
Kamco INC
Special Warranty Deed
$670,000 · Kamco INC
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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