Standalone Office
For Sale
Contact for pricing
Pending
135 Gasoline Alley, Mooresville, NC 28117
Two-story office building with private parking, open workspace, and private offices, conference room, lobby, and kitchenette.
Property Size5,700 SF
Days on Market287
Property Features for 135 Gasoline Alley
General Information
Standard status
Pending
Size
5,700 SF
Property subtype
OFFICE
Listing Agency:
Rose & Associates, Inc.
(704) 896-0094
Listed By:
Kathleen Rose, CCIM
Source:
Moodyscre
Added: Jan 16
Changed: Oct 26
Last Checked: Oct 28 at 12:20PM
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 Rose & Associates, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This standalone office building includes two stories with an open concept floor plan, along with private offices, a conference room, lobby, and kitchenette. The property also has its own private parking lot.
Located just off Exit 35 on I-77 in Mooresville, the building offers convenient access for office users. Call for a brochure and floor plan for additional details.
Located just off Exit 35 on I-77 in Mooresville, the building offers convenient access for office users. Call for a brochure and floor plan for additional details.
Key Highlights
- Standalone two‑story office building just off Exit 35 on I‑77 in Mooresville
- Private parking lot included with the office building
- Open concept floor plan with both open workspace and private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,966
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,999,320
$2.0M
Cap Rate 7%
$1,428,086
$1.4M
Cap Rate 9%
$1,110,733
$1.1M
Market Conditions
NOI Build-Up for 5,700 SF
Gross rent
$148.4K $26.04/SF
− Vacancy
−$15.1K −$2.66/SF
EGI
$133.3K $23.38/SF
− OpEx
−$33.3K −$5.85/SF
NOI
$100.0K $17.54/SF
Area
Iredell County, NC
Vacancy
10.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,999,320
Cap Rate 7%
$1,428,086
Cap Rate 9%
$1,110,733
Alternative Uses
Best Use
Office B
$1.43M
$1.25M – $1.67M
NOI $99,966 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,582 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,459
Businesses Nearby
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 Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building with private parking, open workspace, and private offices, conference room, lobby, and kitchenette.
Where is this office building located?
The property is located at 135 Gasoline Alley Mooresville, NC.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Standalone two‑story office building just off Exit 35 on I‑77 in Mooresville; Private parking lot included with the office building; Open concept floor plan with both open workspace and private offices
