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    Specialty properties

    179 Town Square Cir, Mooresville, NC 28117

    8,048 SF 1.33 ac lot Built 2007
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8,048-square-foot school building, constructed in 2007, is situated on a 1.33-acre lot in the heart of Mooresville's vibrant Town Square. The single-story brick building boasts a standing seam metal roof and offers abundant classroom or flexible-use space, perfect for a variety of educational or commercial ventures. Previously licensed as a pre-school for 150 students, the property includes six bathrooms, a fully equipped kitchen and pantry, and a fenced-in playground area. Ample parking is provided with 33 regular spaces and 2 handicapped-accessible spots in a dedicated lot. The property is zoned CU CM (Corridor Mixed-Use), offering diverse development possibilities. Its convenient location provides easy access to Interstate 77 and is within walking distance of Lowe's Foods, restaurants, and retail shops. The asking price is $3,200,000, translating to $397.61 per square foot. This presents a unique opportunity to acquire a well-maintained, versatile property in a thriving North Carolina community. The property address is 179 Town Square Circle, Mooresville, NC 28117.

    Property profile
    Verified
    Property type Specialty properties
    Year built 2007
    Total area 8,048 SF
    Lot 1.33 ac (57,935 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
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    Zoning & alternative use
    Permitted uses
    Permitted uses
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