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    118 Alexander Bank Dr Mooresville, NC 28117

    • Land
    • 0.52 lot acres
    For Sale
    View listing
    $650,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 118 Alexander Bank Dr

    Lot size
    0.52 lot acres
    Property type
    Land

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mooresville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.8614
    Latitude
    35.5419

    Comparable in this City

    • Value Estimation by Request
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      Kendra Dr

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      1.72 Acres

      152 Fox Hunt Dr

      Land • 1.72 Acres
      152 Fox Hunt Dr, Mooresville, NC 28117
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      3.17 Acres

      Mooresville Rd

      Land • 3.17 Acres
      0 Mooresville Rd, Mooresville, NC 28117
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      Brawley School Rd

      Land
      0 Brawley School Rd, Mooresville, NC 28117
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    • Value Estimation by Request
      1.45 Acres

      Morrison Plantation Pkwy

      Land • 1.45 Acres
      0 Morrison Plantation Pkwy, Mooresville, NC 28117
      View Details

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    • $650,000
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      Mooresville Commercial Land - $650K

      Prime 0.515-acre lot, ideal for development.
      118 Alexander Bank Dr, Mooresville, NC 28117
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      Mooresville Retail Land Opportunity

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      Land • 3.54 Acres
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    Similar Nearby for Lease

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      Mooresville Retail Center Opportunity

      High-traffic location, multiple suites available
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      Mooresville Gateway Office Space

      Class A Office Suites, I-77 Corridor
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      Class A Medical Office Space

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      1,200 SF

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    118 Alexander Bank 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
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