Current Use by Public Records
- Autosoftware Autorepair & Bodyshop / Auto Repair Shop
Property Details for 690 River Hwy
- Year built
- 1967
- Lot size
- 1.34 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.34-acre commercial outparcel, located at 690 River Highway Unit 3 in Mooresville, NC, presents a prime investment opportunity. Situated on Highway 150, this CMX-zoned property boasts unparalleled visibility and accessibility, with an estimated 35,000-40,000 vehicles passing daily. Its strategic location within a thriving retail and residential area ensures maximum exposure for any business. The property is ideally suited for retail, restaurant, or service-based development, offering a versatile canvas for entrepreneurs. Mooresville's robust economic climate, featuring approximately 57,000 residents with an average income exceeding $110,000 and over 15,000 employees within a 5-mile radius, guarantees a strong customer base. The property's proximity to Lake Norman further enhances its appeal, attracting both local residents and tourists. Convenient access to essential utilities and infrastructure simplifies the development process. This is a rare chance to capitalize on Mooresville's continued growth and establish a successful business in a high-demand location. Priced at $1,500,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mooresville
- County
- Iredell
- State
- North Carolina
- Longitude
- -80.8791
- Latitude
- 35.5975
