690 River Hwy, Mooresville, NC 28117
This exceptional 1.34-acre commercial outparcel, located at 690 River Highway Unit 3 in Mooresville, NC, presents a prime investment opportunity. Situated on Highway 150, this CMX-zoned property boasts unparalleled visibility and accessibility, with an estimated 35,000-40,000 vehicles passing daily. Its strategic location within a thriving retail and residential area ensures maximum exposure for any business. The property is ideally suited for retail, restaurant, or service-based development, offering a versatile canvas for entrepreneurs. Mooresville's robust economic climate, featuring approximately 57,000 residents with an average income exceeding $110,000 and over 15,000 employees within a 5-mile radius, guarantees a strong customer base. The property's proximity to Lake Norman further enhances its appeal, attracting both local residents and tourists. Convenient access to essential utilities and infrastructure simplifies the development process. This is a rare chance to capitalize on Mooresville's continued growth and establish a successful business in a high-demand location. Priced at $1,500,000.
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Autosoftware Autorepair & Bodyshop Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.