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    115 Limerick Rd Mooresville, NC 28115

    For Sale
    $995,000

    1.68 Acres, CC Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.68-acre commercial land parcel presents a remarkable development opportunity in Mooresville, North Carolina. Located at 115 Limerick Rd, 28115, this property boasts a highly desirable Community Commercial (CC) zoning designation, opening doors to a wide array of potential uses. The site's strategic location just off East Plaza Street/NC Highway 150 places it within easy reach of numerous restaurants, retail establishments, and residential communities, ensuring high visibility and accessibility. A pre-approved concept plan under the Mooresville UDO exists for a three-story, approximately 60,000 square foot self-storage facility. However, the versatile CC zoning also permits a diverse range of other development options, including daycare centers, religious institutions, urgent care facilities, veterinary clinics, banks, office spaces, breweries, restaurants, and automotive businesses. Extensive due diligence has already been completed, including assessments, surveys, site plans, and regulatory reports, streamlining the development process and minimizing potential delays. The asking price for this exceptional property is $995,000. The APN is 4657965798. This is a rare chance to acquire a prime commercial site in a thriving area with significant upside potential. Don't miss this opportunity to build your vision in a highly sought-after location.

    Property Features for 115 Limerick Rd

    General Information

    Property type
    Land
    Lot Size
    73,181 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mooresville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.8179035
    Latitude
    35.5958393

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    FAQs

    What type of property is this?
    Land - 1.68 Acres, CC Zoning, Prime Location
    Where is this land located?
    The property is located at 115 Limerick Rd Mooresville, NC.
    What is the asking price?
    The asking price for this property is $995,000.
    (336) 724-1715
    Request Owner's contact information
    115 Limerick Rd Mooresville, NC 28115
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    Mooresville, NC 28115
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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
    115 Limerick Rd Mooresville, NC 28115
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