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    21 Waterlynn Rd & Hwy Mooresville, NC 28117
    Property profile & analytics

    21 Waterlynn Rd & Hwy, Mooresville, NC 28117

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    • Land
    • 2.95 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 21 Waterlynn Rd & Hwy

    Lot size
    2.95 lot acres
    Property type
    Land

    Description

    This exceptional 2.946-acre commercial land parcel, strategically located at the intersection of E. Waterlynn Rd and Highway 21 in Mooresville, NC (zip code 28117), presents a compelling investment opportunity. Priced at $3,240,600, or approximately $1.1 million per acre, this property boasts significant advantages. Its prime location on Highway 21, a major thoroughfare in Mooresville, ensures high visibility and accessibility. The site benefits from a high traffic count of 23,500 vehicles per day (VPD) according to NCDOT data. Furthermore, its proximity to Lake Norman Regional Medical Center and Interstate 77 (less than one mile from each) enhances its desirability. The property offers approximately 500 feet of road frontage along Highway 21 and E. Waterlynn Rd. Mooresville's town planning actively supports commercial development, making this a particularly attractive prospect. The surrounding area is experiencing rapid growth, with substantial multi-family and residential development underway. The property's APN numbers are 4646937929, 4646937951, 4646936796, and 4646938794. This is an ideal location for a variety of commercial ventures, capitalizing on the area's robust growth and prime location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Mooresville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.8504
    Latitude
    35.5608
    More about this property
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