2432 Statesville Hwy Mooresville, NC 28115
This exceptional 5.98-acre land parcel presents a unique mixed-use development opportunity in Mooresville, NC. Located at 2432 Statesville Hwy, this property boasts high visibility from a major thoroughfare, offering significant exposure for any commercial venture. Currently zoned Hybrid Light Industrial (HLI), the land allows for a diverse range of uses, including office, light manufacturing, warehousing, flex spaces, restaurants, hotels, recreation, and personal services. The Mooresville Future Character & Land Use Plan designates this area for a combination of Village Center and Neighborhood Residential, encouraging a vibrant mixed-use development. The Village Center Node designation, within a quarter-mile of a key intersection, allows for increased development intensity, density, and height. Convenient access to Hwy 150 and I-77 ensures excellent connectivity to surrounding areas. The property's location in Iredell County, NC (APN: 4667088647), offers a thriving community atmosphere and proximity to Lake Norman. This prime location, combined with flexible zoning, makes this a compelling investment opportunity. The property is available for sale as a whole or potentially subdivided. The asking price is $1,500,000.
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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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.