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Property profile & analytics
OFF-MARKET
Land

611 Oak Ridge Farm Hwy Mooresville, NC 28115

5.8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.8-acre commercial land parcel, located at 611 Oakridge Farm Hwy in Mooresville, North Carolina (zip code 28115), presents a unique opportunity for industrial development. The property, identified by APN 4667196472, is zoned HLI, ensuring suitability for a range of industrial projects. An approved building sketch is already available, streamlining the development process and potentially saving significant time and resources. Alternatively, developers are free to create their own plans, leveraging the site's considerable size and advantageous zoning. Situated in Iredell County, this location offers excellent access to transportation networks and a thriving business environment. The asking price for this ready-to-develop site is $600,000. This represents a compelling investment opportunity for those seeking a prime location for their next industrial venture in the rapidly growing Mooresville area. The property's expansive acreage provides ample space for large-scale projects, while its strategic location ensures easy access to key infrastructure and a skilled workforce. Don't miss this chance to acquire a highly desirable commercial land parcel in a dynamic and prosperous region.

Property profile
Verified
Property type Land
Lot 5.8 ac (252,648 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
AI Approach AI
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CAP Approach CAP
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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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