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    00 Kelly Ave Mooresville, NC 28115

    Sponsored
    For Sale
    $375,000

    8.67 Acres, Prime Mooresville Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 8.67-acre commercial property in Mooresville, NC, presents a remarkable development opportunity. Strategically located with easy access to the downtown area, this expansive site offers a multitude of potential uses. Currently zoned RG, the property allows for a variety of development options, including attached residential dwellings, cottage developments, duplexes, live/work spaces, single-family homes, community centers, and government facilities. However, all planned uses require approval from the relevant agencies before closing. Prospective buyers must independently verify all aspects of road access via the Department of Transportation and confirm water and sewer accessibility prior to purchase. The acreage comprises two parcels: a 7.45-acre tract on Kelly Avenue and a 1.22-acre tract on West Catawba Avenue, sold together for a total of 8.67 acres. This presents a unique chance for developers seeking a substantial land holding in a thriving area. Alternatively, the property also offers the possibility of constructing a custom home, making it an attractive option for those seeking a large, private lot. The asking price for this significant property is $375,000. All due diligence regarding zoning, utilities, and access is the responsibility of the prospective buyer.

    Property Features for 00 Kelly Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    377,665 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mooresville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.81847
    Latitude
    35.5803

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    FAQs

    What type of property is this?
    Commercial real estate - 8.67 Acres, Prime Mooresville Location
    Where is this commercial real estate located?
    The property is located at 00 Kelly Ave Mooresville, NC.
    What is the asking price?
    The asking price for this property is $375,000.
    (704) 677-5888
    Request Owner's contact information
    00 Kelly Ave Mooresville, NC 28115
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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
    00 Kelly Ave Mooresville, NC 28115
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