Office-Warehouse
For Sale
Contact for pricing
118 Infield Court, Mooresville, NC 28117
Office and warehouse areas provide a flexible combination of administrative and industrial space.
Property Size2,005 SF
Days on Market10
Property Features for 118 Infield Court
General Information
Standard status
Active
Size
2,005 SF
Property subtype
Warehouse/Office
Additional Details
Property Use
Office/Warehouse
Amenities
Additional parcels description:, Parcel Number: 4647-98-4680.000, Assessed Value: $1.86521e+06
Listing ID: CAR4438541, Standard Status: Active, MLS Status: Active, Property Subtype: Warehouse/Office
Other Parking: Paved Parking Lot
Built in 2005
County/Parish: Iredell
6 total bathrooms
Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
2,005 SF
Year Built
2005
Listing Agency:
COMPASS
(704) 234-7880
Listed By:
Boston Reid · License #265912
(704) 975-6742
Source:
Blackstreaminternational
Added: Oct 28
Changed: Nov 5
Last Checked: Nov 4 at 4:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS
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Investment Insights
Based on property information with market context.
This 21,900 +/- SF warehouse property includes office space and was built in 2005. Its location is 118 Infield Court in Mooresville, within Talbert Pointe Industrial Park.
Key Highlights
- 21,900 +/- SF of office and warehouse space
- Built in 2005
- Located at 118 Infield Court in Talbert Pointe Industrial Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,210
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,200
$264.2K
Cap Rate 7%
$188,714
$188.7K
Cap Rate 9%
$146,778
$146.8K
Market Conditions
NOI Build-Up for 2,005 SF
Gross rent
$20.0K $9.96/SF
− Vacancy
−$1.1K −$0.55/SF
EGI
$18.9K $9.41/SF
− OpEx
−$5.7K −$2.82/SF
NOI
$13.2K $6.59/SF
Area
Iredell County, NC
Vacancy
5.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,200
Cap Rate 7%
$188,714
Cap Rate 9%
$146,778
Alternative Uses
Best Use
Warehouse
$208.2K
$182.1K – $242.9K
NOI $14,571 @ 7.0% cap · market cap 121,425.00%
Second Best
Industrial
$188.7K
$165.1K – $220.2K
NOI $13,210 @ 7.0% cap · market cap 110,083.33%
Theoretical Best
Office A
$631.1K
$552.2K – $736.2K
NOI $44,174 @ 7.0% cap · market cap 368,116.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28117, NC
46,917
Population
21,528
Households
2.2
Avg Household Size
42
Median Age
55%
College-Educated
98%
High-School Grad
39.1 sq mi
ZIP Area
1,200
Density / Sq Mi
$109,310
Median Household Income
$53,706
Median Earnings
$1,593
Median Rent
$567,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Self-Storage at U-Haul — 304 W Plaza Dr, Mooresville, NC 28117
- BlueGate Boat & RV - Mooresville — 356 Oates Rd, Mooresville, NC 28117
Frequently Asked Questions
What type of property is this?
Warehouse - Office and warehouse areas provide a flexible combination of administrative and industrial space.
Where is this warehouse located?
The property is located at 118 Infield Court Mooresville, NC.
What are key features of this property?
This property features: 21,900 +/- SF of office and warehouse space; Built in 2005; Located at 118 Infield Court in Talbert Pointe Industrial Park
