261 MARKET ST
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Location
261 MARKET ST
Mblu
43/ A/ 100/ A/
Acct#
8046242
Owner
LOWE'S HOME CENTERS INC
Class
COMMERCIAL/INDUSTRIA
Total Market Value
$17,424,186
Appraisal
$17,424,186
PID
46242
Building Count
1
Legal Description
LOT 2 12.88 ACRES
Water
Public
Sewer
Public Sewer
District
05: STONEWALL
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$12,739,386$4,684,800$17,424,186
Assessment
Valuation YearImprovementsLandTotal
2025$12,739,386$4,684,800$17,424,186

Owner of Record
OwnerLOWE'S HOME CENTERS INC
Co-Owner
Address1000 LOWES BLVD
MOORESVILLE, NC 28117-8520
Sale Price$6,500,000
Instrument Year2007
Book & Page 11910/0
Sale Date07/20/2007
Instrument00

Ownership History
Ownership History
OwnerSale PriceInstrument YearBook & PageInstrumentSale Date
LOWE'S HOME CENTERS INC$6,500,000200711910/00007/20/2007
RUTHERFORD FARM, LLC$0200711052/00001/01/1900

Building Information
Building 1 : Section 1
Year Built: 2008
Living Area: 0
Building Attributes
FieldDescription
Section StyleSupermarkets
ModelCommercial
GradeGrade C
Stories1.0
Heat SystemCENTRAL
Interior Wall 1CONCRETE BLOCK
Interior Wall 2 
Garage TypeNONE
Extra Fixture(s)0
Fireplace(s)0
Extra Kitchen(s)0
Total Room(s)10
Carport TypeNONE
Interior Floor 3 
Frame TypeTYPICAL
Roof CoverRUBBER
Roof TypeFLAT
AC Type100%
Exterior Wall 2N/A
Full Bath(s)0
FoundationCONCRETE
Exterior Wall 1CONCRETE BLOCK
BasementSLAB
Bedroom(s)0
Section Factor 
Num Units0
Gas Fireplace(s)0
Flue(s)0
Metal Flue(s)0
Heat FuelGAS
Inop Flue/FPL0
Interior Floor 1CONCRETE
Interior Floor 2 
Half Bath(s)6
Stacked Fireplace(s)0
Num Cars - Carport0
Num Cars - Garage0
Num Cars - Built In0
Fin Bsmt Area0
Garage Type 2NONE
Num Cars - Garage 20
Split FoyerNo
Split LevelNo
Grade Adjust0
Basement Area0
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
C22CCANOPY - C 23,680 0
C28CDISCOUNT/SUPER STORE - C 142,200 0
CNPATBCONCRETE PATIO - COVERED OR WALLED 25,370 0
   191,250 0

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code400C
DescriptionCOMMERCIAL/INDUSTRIA - COM  
ZoneB2
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)12.88
Frontage0
Depth0
Total Market Land$4,684,800
Appraised Value$4,684,800

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
LIGHTLight1.00 UN$20,0001
CONCConcrete56312.00 UN$168,9361
PAVMTPavement195000.00 UN$341,2501
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2026$12,739,386$4,684,800$17,424,186
2025$12,739,386$4,684,800$17,424,186
2024$11,392,700$4,073,200$15,465,900

Assessment
Valuation YearImprovementsLandTotal
2026$12,739,386$4,684,800$17,424,186
2025$12,739,386$4,684,800$17,424,186
2024$11,392,700$4,073,200$15,465,900

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