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Property profile & analytics
OFF-MARKET
Commercial real estate

716 Oak Ridge Farm Hwy Mooresville, NC 28115

3.31 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.3-acre commercial tract is ideally situated in Mooresville, NC, at 716 Oakridge Farm Highway. The property presents a significant opportunity for developers and businesses seeking a strategic location. Its size allows for considerable flexibility in development plans, catering to a variety of commercial uses. However, prospective buyers should be aware that intended use must be verified with the Town of Mooresville's Unified Development Ordinance (UDO) to ensure compliance with all zoning regulations and building codes. Furthermore, the property is subject to the Town of Mooresville's watershed requirements, which will need to be considered during the planning and development phases. This means that any proposed development will need to adhere to specific environmental guidelines and regulations to protect the local water resources. Due diligence is strongly recommended to fully understand these requirements and their potential impact on development plans. This property offers a unique chance to establish a presence in a thriving Mooresville community, but careful consideration of the UDO and watershed regulations is crucial for a successful project. The asking price for this significant commercial land parcel is $550,000.

Property profile
Verified
Property type Commercial real estate
Lot 3.31 ac (144,184 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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