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Multifamily Land in Mooresville, NC
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1278 Mecklenburg Hwy, Mooresville, NC 28115

3.48 acres of multifamily land with approved site plan.

Property SizeContact for details
Lot Size3.48 Acres
Days on Market1065

Property Features for 1278 Mecklenburg Hwy

General Information

Standard status Active
Lot size 3.48 Acres
Property subtype Land
Zoning Multifamily land
Listing Agency: Linville Team Partners
Listed By: Nick Gonzalez · License #NC 268640
Source: Crexi
Added: Sep 12, 2023 Changed: Aug 8 Last Checked: Aug 8 at 4:13AM

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 Linville Team Partners

Investment Insights

Based on property information with market context.

This is an exceptionally rare opportunity to acquire approximately 3.48 acres of zoned and entitled multifamily land in Mooresville, North Carolina. The property is annexed into Mooresville and benefits from an in-place, already approved site plan for 51 units. This allows for immediate progression to construction drawings and building permits, bypassing the delays typically associated with rezoning and site plan approvals. The demand for apartments in Mooresville remains robust. The property currently features two rental homes that can be leased for cash flow prior to construction.

Key Highlights

  • Approved site plan for 51 multifamily units allows immediate construction, bypassing rezoning and approval delays.
  • Located in Mooresville, the fastest‑growing city in North Carolina, indicating strong investment potential.
  • ±3.48 acres of zoned and entitled multifamily land.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Pharmacy Building Supply Kitchen & Bath Showroom Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby

Demographics for 28115, NC

43,413
Population
17,427
Households
2.5
Avg Household Size
38
Median Age
37%
College-Educated
94%
High-School Grad
74.6 sq mi
ZIP Area
582
Density / Sq Mi
$86,724
Median Household Income
$46,921
Median Earnings
$1,193
Median Rent
$330,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 3.48 acres of multifamily land with approved site plan.
Where is this residential land & home lot located?
The property is located at 1278 Mecklenburg Hwy Mooresville, NC.
What is the asking price?
The asking price for this property is $1,530,000.
What are key features of this property?
This property features: Approved site plan for 51 multifamily units allows immediate construction, bypassing rezoning and approval delays.; Located in Mooresville, the fastest‑growing city in North Carolina, indicating strong investment potential.; ±3.48 acres of zoned and entitled multifamily land.
(336) 724-1715 Call to check price and availability
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