1421 LOWES WAY
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Location
1421 LOWES WAY
Mblu
010/ 0015/ 0002/ /
Acct#
00018500
Owner
LOWES HOME CENTERS INC
Assessment
$35,000,000
Appraisal
$50,000,000
PID
819
Building Count
3
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$42,186,860$7,813,140$50,000,000
Assessment
Valuation YearImprovementsLandTotal
2025$29,530,800$5,469,200$35,000,000

Owner of Record
OwnerLOWES HOME CENTERS INC
Co-Owner
Address1000 LOWES WAY
MOORESVILLE, NC 28117
Sale Price$150,000
Certificate
Book & Page 0308/0669
Sale Date08/01/2003
InstrumentUNKQ

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
LOWES HOME CENTERS INC$150,000 0308/0669UNKQ08/01/2003
LOWES HOME CENTERS INC$2,500,000 0308/06652808/01/2003
LOWES HOME CENTERS INC$1,800,000 0308/0661 08/01/2003
OSIPER ALEXANDER + ANN A$0 0074/0040 04/11/1955

Building Information
Building 1 : Section 1
Year Built: 2004
Living Area: 1,354,348
Replacement Cost: $94,931,398
Building Percent Good: 44
Replacement Cost
Less Depreciation:
$41,769,820
Building Attributes
FieldDescription
Style:Warehouse
ModelComm/Ind
GradeB
Stories:1
Occupancy1.00
Exterior Wall 1Reinforc Concr
Exterior Wall 2 
Roof StructureSteel Frm/Trus
Roof CoverRubber
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr Abv Grad
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeOther / Partial
Bldg UseIND WHSES
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:4022
Heat/ACHEAT/AC SPLIT
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height34.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 1,354,348 1,354,348
   1,354,348 1,354,348
Building 2 : Section 1
Year Built: 2004
Living Area: 1,128
Replacement Cost: $229,928
Building Percent Good: 84
Replacement Cost
Less Depreciation:
$193,140
Building Attributes : Bldg 2 of 3
FieldDescription
Style:Office Bldg
ModelComm/Ind
GradeC
Stories:1
Occupancy 
Exterior Wall 1Reinforc Concr
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverRubber
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseOFFICE BLD
Total Rooms 
Total Bedrms01
Total Baths1
1st Floor Use:3530
Heat/ACHEAT/AC PKGS
Frame TypeREINF. CONCR
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 1,128 1,128
CANCanopy 2,160 0
   3,288 1,128
Building 3 : Section 1
Year Built: 2025
Living Area: 1,247,450
Replacement Cost: $87,438,511
Building Percent Good: 100
Replacement Cost
Less Depreciation:
$87,438,510
Building Attributes : Bldg 3 of 3
FieldDescription
Style:Warehouse
ModelComm/Ind
GradeB
Stories:1
Occupancy1.00
Exterior Wall 1Reinforc Concr
Exterior Wall 2 
Roof StructureSteel Frm/Trus
Roof CoverRubber
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr Abv Grad
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeOther / Partial
Bldg UseIND WHSES
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC SPLIT
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height34.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 1,247,450 1,247,450
   1,247,450 1,247,450

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code4010
DescriptionIND WHSES  
ZoneIND
Neighborhood1000
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)202.19
Frontage
Depth
Total Market Land$5,469,200
Appraised Value$7,813,140

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
CNP1Canopy Avg  320.00 S.F.$1,2801
BRN8Pole Barn  1200.00 S.F.$11,7001
PAV2Paving-Conc  220740.00 S.F.$386,3001
PAV1Paving-Aspalt  1393920.00 S.F.$1,393,9201
FN4Fence 8' Chain  52000.00 L.F.$754,0001
LT1Light w/ Pole  72.00 UNITS$68,4001
LT10w/ Double Light  5.00 UNITS$7,3801
LT12w/ Four Lights  17.00 UNITS$42,9301
PAT1Patio-Avg  6732.00 S.F.$16,8301
TNK5Elevated Tank  500.00 GALS$1,0001
SCL2Scales-Elec.  1.00 UNIT$10,0001
TNK5Elevated Tank  300000.00 GALS$600,0001
TNK5Elevated Tank  30000.00 GALS$60,0002
PMPHPump House  990.00 S.F.$148,5002
SCL1Scales-Mechan.  1.00 UNIT$10,0002
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$46,591,030$7,813,140$54,404,170
2023$46,591,030$7,813,140$54,404,170

Assessment
Valuation YearImprovementsLandTotal
2024$32,613,720$5,469,200$38,082,920
2023$32,613,720$5,469,200$38,082,920

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