Property profile

179 Town Square Cir Mooresville, NC 28117

OFF-MARKET
Specialty properties
8,048 SF 1.33 ac lot Built 2007
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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

Location

179 Town Square Cir Mooresville, NC 28117
Mooresville metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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