Back to Search

Medical Buildings on Williamson Road

357-359 Williamson Rd, Mooresville, NC

View on Map

For Sale

Contact for pricing

Two connected medical buildings on a 1.47-acre lot.

Type:OFFICE

Property size:

13,009 SF

Lot size:

1.47 Acres

Price / SF:

$268/SF

HighLights

Single tenant, gross lease
Twin medical buildings joined by heated/cooled connector
Located on +/- 1.47 acres along Williamson Rd (25,000 ave vpd)
Just south of Brawley School Rd (36,500 ave vpd)
Over 80,000 households within 10 mile radius
Office buildings in very good condition

We can help!

Listing Contact

Doug Sutherland

Learn more

For Sale

Contact for pricing

Two connected medical buildings on a 1.47-acre lot.

Type:OFFICE

Property size:

13,009 SF

Lot size:

1.47 Acres

Price / SF:

$268/SF

Added:: Feb 27, 2025
Days on Market:: 473
Last Refresh:: May 20 at 9:26 pm

Property Features for 357-359 Williamson Rd

General Information

Standard status: Active
Size: 13,009 SF
Lot size: 1.47 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Doug Sutherland

Listing agent Doug Sutherland License #274078

Listing office Lake Norman Realty Inc

Listing date Feb 27, 2025

Source Moodyscre

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 Lake Norman Realty Inc

HighLights

Single tenant, gross lease
Twin medical buildings joined by heated/cooled connector
Located on +/- 1.47 acres along Williamson Rd (25,000 ave vpd)
Just south of Brawley School Rd (36,500 ave vpd)
Over 80,000 households within 10 mile radius
Office buildings in very good condition

Overview

This property features twin medical buildings connected by a heated and cooled connector. Situated on approximately 1.47 acres along Williamson Road, which sees an average of 25,000 vehicles per day, the location is just south of Brawley School Road, where the average daily traffic count is 36,500 vehicles. The office buildings are reported to be in very good condition. Over 80,000 households are located within a 10-mile radius of the property. The property is currently under a single tenant, gross lease, and the total property size is 13,009 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$338.8k	$26.04
− Vacancy	−$34.6k	−$2.66
EGI	$304.2k	$23.38
− OpEx	−$76.1k	−$5.85
NOI	$228.2k	$17.54

13,009 SF · lease $26.04/SF/yr · vacancy 10.20% · expense 25.00%

Alternative Uses

Best Use

Office B

$3.26M

$2.85M – $3.80M (±1% cap)

NOI $228,151 @ 7.0% cap · market cap 6.54%

Second Best

Healthcare Medical

$2.59M

$2.26M – $3.02M (±1% cap)

NOI $181,185 @ 7.0% cap · market cap 5.19%

Theoretical Best

Office A

$4.09M

$3.58M – $4.78M (±1% cap)

NOI $286,614 @ 7.0% cap · market cap 8.21%

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

Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Similar Places Nearby

Lake Norman Animal Hospital — 529 river hwy, mooresville, nc 28117
Brawley Animal Hospital — 111 Raceway Dr, Mooresville, NC 28117
Harbor Point Animal Hospital — 694 Brawley School Rd, Mooresville, NC 28117
Shivers Summer DVM — 111 Raceway Dr, Mooresville, NC 28117, United States
Petco Vaccination Clinic — 611 River Hwy, Mooresville, NC 28117

Location Insight

Map
Local Demand

City: Mooresville
County: Iredell
State: North Carolina
Longitude: -80.8727
Latitude: 35.5819

Nearby Similar for Sale

$1,350,000

3,880 SF

Mixed-Use Building in Mooresville, NC

Mixed-use building with retail and office space for sale.

188 N Main Street, Mooresville, NC 28115

View Details
$1,110,000

Commercial Office Condo Units

Two office condo units with strong road visibility, offered as a combined suite with flexibility to restore separate spaces.

110 Charleston Drive, Mooresville, NC 28117

View Details
$1,000,000

Historic Mount Mourne Plantation

Historic landmark on over 3 acres in Mooresville, NC.

104 Leslie Loop, Mooresville, NC 28115

View Details
$519,800

New Construction Duplex Investment Opportunity

New construction duplex in Mooresville designed for cash flow.

West Park Avenue lot: 3, Mooresville, NC 28115

View Details
$518,000

Tenant-Occupied Office Condo

Well-maintained office condo with private offices, conference space, and open area, currently tenant-occupied.

107 Kilson Drive, Mooresville, NC 28117

View Details
$6,950,000

2,597 SF

Collision Center and Log Home Estate

A multi-parcel estate with a collision center on-site, plus event-ready barn and guest accommodations for flexible operations.

1620 London Road, Mooresville, NC 28115

View Details
$549,320

Modern Office Condo Corner Unit

Corner office condo offers private offices, two restrooms, and shared conference and break areas.

107 Kilson Drive, Mooresville, NC 28117

View Details
$1,110,000

2,135 SF

Office Condo Units with Road Visibility

Office condo units with direct visibility and flexible configuration for owner-occupancy or separate leasing use.

110 Charleston Dr, Mooresville, NC 28117

View Details
$550,000

New Townhouse Duplex, No HOA

Newly constructed townhouse duplex with modern finishes and income potential.

645 Brookwood Street, Mooresville, NC 28115

View Details
$1,900,000

Commercial Building Near Downtown Mooresville

13,944 SF commercial building on 1.6 acres near I-77.

770-772 N Broad Street, Mooresville, NC 28115

View Details
$699,000

12,079 SF

Historic Downtown Mooresville Redevelopment Opportunity

Investment property in historic downtown Mooresville with redevelopment potential.

627 Gum Street, Mooresville, NC 28115

View Details
$475,000

Unique Mooresville Live/Work Opportunity

Three-story mixed-use building with commercial and residential units.

132 Market Place Avenue, Mooresville, NC 28117

View Details

For sale
Medical Office Space
NC
Mooresville
357-359 Williamson Rd

What type of property is this?

Medical Office Space - Two connected medical buildings on a 1.47-acre lot.

Where is this medical office space located?

The property is located at 357-359 Williamson Rd Mooresville, NC.

What is the asking price?

The asking price for this property is $3,490,000.

What are key features of this property?

This property features: Single tenant, gross lease; Twin medical buildings joined by heated/cooled connector; Located on +/- 1.47 acres along Williamson Rd (25,000 ave vpd)

357-359 Williamson Rd, Mooresville, NC

Two connected medical buildings on a 1.47-acre lot.

Property Features for 357-359 Williamson Rd

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Mixed-Use Building in Mooresville, NC

Commercial Office Condo Units

Historic Mount Mourne Plantation

New Construction Duplex Investment Opportunity

Tenant-Occupied Office Condo

Collision Center and Log Home Estate

Modern Office Condo Corner Unit

Office Condo Units with Road Visibility

New Townhouse Duplex, No HOA

Commercial Building Near Downtown Mooresville

Historic Downtown Mooresville Redevelopment Opportunity

Unique Mooresville Live/Work Opportunity

FAQs

Create New Password