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    Kendra Dr Mooresville, NC 28117

    Sponsored
    For Sale
    $2,500,000

    High-traffic corner lot, prime development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 4.54-acre commercial land parcel is situated at the high-visibility corner of Highway 150 and Kendra Drive in Mooresville, North Carolina. The property boasts approximately 270 feet of road frontage on Highway 150, a major thoroughfare with an impressive 28,000 average annual daily traffic (AADT) count in 2021, ensuring significant exposure for any commercial venture. Zoned HB CUD (Highway Business), this site is ideally suited for a wide range of commercial developments, including retail, restaurants, office spaces, or mixed-use projects. The ample lot size provides flexibility for substantial construction. Detailed plans for the Highway 150 widening project are available upon request. The property's location in the thriving town of Mooresville, NC, offers easy access to a robust local economy and a growing population. This is a rare opportunity to acquire a prime commercial property in a high-demand area. The parcel includes three APNs: 4637782530, 4637784353, and 4637782260. The asking price for this exceptional opportunity is $2,500,000.

    Property Features for 0 Kendra Dr

    General Information

    Property type
    Land
    Lot Size
    197,762 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mooresville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.8935443
    Latitude
    35.5965559

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, prime development.
    Where is this land located?
    The property is located at Kendra Dr Mooresville, NC.
    What is the asking price?
    The asking price for this property is $2,500,000.
    (704) 765-4620
    Request Owner's contact information
    Kendra Dr Mooresville, NC 28117
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Kendra Dr Mooresville, NC 28117
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