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    690 River Hwy, Unit 3 Mooresville, NC 28117

    For Sale
    $1,500,000

    COMMERCIAL - Mooresville, NC

    Lot size:
    1.34 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 6 at 8:06 pm

    Property Features for 690 River Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    4647174662.000
    Lot size
    1.34 Acres

    Building Details

    Year built
    1967

    Mooresville Realty, LLC (704) 591-3068 [email protected]

    Listing agent Lisa Cernuto (704) 591-3068

    Listing date Oct 14, 2025

    MLS# 4211529 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Outparcel in Mooresville

    This 1.3 +/- acre commercial outparcel is located on River Highway (Highway 150) in Mooresville. Zoned CMX, the site is suitable for retail, restaurant, or service-based development. The location on a high-traffic corridor provides visibility and accessibility. Traffic counts are approximately 35,000-40,000 vehicles per day. The property is surrounded by retail, dining, and residential developments and is located minutes from Lake Norman. Essential utilities and infrastructure are accessible nearby. The area has approximately 57,000 residents, with an average income of $110,000+, and over 15,000 employees in a 5-mile radius.
    Location Intelligence

    Current Use by Public Records

    Autosoftware Autorepair & Bodyshop Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mooresville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.879131
    Latitude
    35.597522

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    FAQs

    What type of property is this?
    Commercial land - 1.3+/- acre commercial land on River Highway (Highway 150).
    Where is this commercial land located?
    The property is located at 690 River Hwy, Unit 3 Mooresville, NC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Prime location on high-traffic River Highway (Highway 150) with 35,000-40,000 vehicles per day.; - Zoned CMX, offering versatile development opportunities for retail, restaurant, or service-based businesses.; - Located in a rapidly growing market with strong demographics: approx. 57,000 residents and average income of $110,000+.
    (704) 591-3068
    Request Owner's contact information
    690 River Hwy, Unit 3 Mooresville, NC 28117
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    Mooresville, NC 28117
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    690 River Hwy, Unit 3 Mooresville, NC 28117
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