Property summary
This exceptional business opportunity in Mooresville, NC, presents a unique chance to acquire a thriving enterprise. Priced at $2,500,000, the offering includes a building situated on a 0.71-acre lot at 112 Linwood Road. The property is strategically located on the east side of this rapidly expanding town, offering significant growth potential. A key component of this sale is the inclusion of an existing business currently operating within the building, with approximately four years remaining on a portion of its lease. This provides immediate income generation and a solid foundation for future expansion. While the building itself is being sold in conjunction with another property (MLS# 4196143) and cannot be sold separately, viewing both properties simultaneously is possible by appointment. This allows for a comprehensive understanding of the overall investment and its potential synergies. The property's precise square footage is not currently available, but the substantial 0.71-acre lot provides ample space for potential development or expansion. Serious inquiries are encouraged to schedule a viewing and explore the full potential of this lucrative business opportunity in a thriving North Carolina market. This is a rare chance to acquire a well-established business with a long-term lease and significant upside in a prime Mooresville location.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
HB · Mooresville, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for HB in Mooresville, NC.
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Find the owner behind the property.
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