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Property profile & analytics
OFF-MARKET
Land

0 Motorsports Rd Mooresville, NC 28115

4.74 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.74-acre commercial land parcel presents a rare development opportunity in Mooresville, North Carolina's thriving Motorsports Center. Located at 0 Motorsports Road, this property boasts a prime location adjacent to Mooresville Dragway, North Carolina's longest-running drag strip. The expansive lot offers significant development potential, with minimal setbacks allowing for the utilization of up to 70% of the land area. This makes it ideal for a variety of automotive-related businesses, such as a race shop, performance shop, or hot rod shop, or any other ancillary automotive use. The property's address is 0 Motorsports Road, Mooresville, NC 28115, with the APN 4686-04-52-7485. This is one of the last remaining undeveloped parcels in this high-demand area. The asking price is $750,000, and owner financing may be available under agreeable terms. This presents a unique chance to capitalize on the area's strong automotive industry and establish a successful business in a highly visible and accessible location. The property is situated in Rowan County and offers excellent visibility and accessibility. Don't miss this opportunity to acquire a significant piece of land in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 4.74 ac (206,474 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
Current use
Occupant on record · Public records
  • Bucher Municipal North America Inc. Factory Industrial Manufacturer
  • Johnston Sweepers (Bike/Boat/Book/etc) Store
  • Jesse Iwuji Performance Auto Parts Store
  • DARCO Restorations INC Auto Repair Shop
  • Jesse Iwuji Motorsports Car Dealership
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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