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Property profile & analytics
OFF-MARKET
Medical Office Space
Rankin St Mooresville, NC 28115
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-3743781
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Lot
0.36 ac (15,594 SF)
Zoning code
TN
APN
4667-40-1958.000
UPID
US53-3743781
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
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
Catawba Vly Invtrs II LLC · 8 yrs held
Catawba Vly Invtrs II LLC
since 2017
2 recorded transactions
Zoning & alternative use
TN · Mooresville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the TN (Traditional Neighborhood) district is to provide lands for a diverse mix of medium density residential development, including singlefamily detached, duplex, and small scale attached residential dwellings, along with supportive institutional and small scale commercial development.
Zone name
Traditional Neighborhood
General category
CIVIC_INSTITUTIONAL
Zone area
1,118.28 ac
Source
Realmo
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
$245
Tax year 2023
Assessed value
$21,480
Assessed 2023
Previous assessed
$42,960
-50.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$21,480
Land market value
$21,480
Total market value
$21,480
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Heating
NONE
Lot
0.36 ac (15,594 SF)
Zoning code
TN
APN
4667-40-1958.000
UPID
US53-3743781
Jurisdiction
IREDELL
Zoning & alternative use
TN · Mooresville, NCZoning TN · permitted uses
TN · Mooresville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the TN (Traditional Neighborhood) district is to provide lands for a diverse mix of medium density residential development, including singlefamily detached, duplex, and small scale attached residential dwellings, along with supportive institutional and small scale commercial development.
Zone name
Traditional Neighborhood
General category
CIVIC_INSTITUTIONAL
Zone area
1,118.28 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
0.36 ac
Current owner
From public records · entity-resolved
Catawba Vly Invtrs II LLC
Entity
Mailing address
935 23RD ST SW, HICKORY, NC 28602-4862
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2017
—
Catawba Vly Invtrs II LLC
—
Deed
related
$110,000 · Branch Bk&tr
—
—
Catawba Vly Invtrs II LLC
—
Deed Of Trust
related
$110,000 · Branch Bk&tr
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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