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Property profile & analytics
OFF-MARKET
Land

0 Main St Mooresville, NC 28115

1.58 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.58-acre parcel, located on N Main St in Mooresville, NC (zip code 28115), presents a remarkable multi-family development opportunity. The property, encompassing APNs 4667239078, 4667330044, 4667330085, 4667229999, 4667320912, 4667320827, 4667320709, 4667320850, and 4667321813, is already entitled and has a site plan approved under the Mooresville Unified Development Ordinance (UDO). Plans are in place for a 92-unit development, with 100% complete design development drawings readily available for review. This significantly reduces the time and cost associated with project planning and approvals. The property's prime downtown Mooresville location offers exceptional convenience and accessibility. Furthermore, its location within the highly-rated Mooresville Graded School District adds significant appeal to potential residents. The asking price for this exceptional development opportunity is $3,312,000. This is a turnkey project ready for immediate development.

Property profile
Verified
Property type Land
Lot 1.58 ac (68,825 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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