21 Waterlynn Rd & Hwy Mooresville, NC 28117
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.