Property profile

120 Pitt Rd Mooresville, NC 28115

OFF-MARKET
Auto shops
Property ID
US53-3371009
10,000 SF 1.04 ac lot Built 2006
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2006
Construction STEEL FRAME
Total area 10,000 SF
Lot 1.04 ac (45,302 SF)
Zoning code IND
APN 230D047
UPID US53-3371009

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

120 Pitt Rd Mooresville, NC 28115-6782
Mooresville metro Census 51801 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.32M
CAP Approach CAP
by Request
Comparable Approach Comparable
$847k
Blend (final) Blend
$1.41M

Owner & transaction history

since 2023
Last sale
$1.3M
7 recorded transactions
2023
$1.3M
2023
Price N/A
2014
Price N/A
2009
Price N/A
2009
$12,500
2005
$72,000
2005
Price N/A

Zoning & alternative use

IND · Mooresville, NC
Top alternative use upside
Office building $1.8M +61.9%
Commercial (general) $1.7M +55.4%
Medical building $1.4M +26.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 120 Pitt Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message