120 Southpark Dr Mooresville, NC 28117-8957
This single-story, 14,005 square foot office building presents a compelling investment opportunity in Mooresville, North Carolina. Constructed of steel and masonry, the property boasts 12 individual suites, offering flexibility for various business needs. A minimum of 850 square feet is divisible, making it suitable for a range of tenants. Currently, 2,217 square feet are vacant, providing immediate income potential or expansion space for an existing business. The building is conveniently located on a heavily traveled road in Iredell County, ensuring high visibility and accessibility. Handicap accessibility is a key feature, enhancing the property's appeal to a broader tenant base. The building's single-story design offers ease of navigation and efficient use of space. The address is 120 SouthPark Dr, Mooresville, NC 28117. This property is ideal for investors seeking a well-maintained, strategically located office building with potential for immediate return and future growth. The building's solid construction and desirable location make it a strong contender in the Mooresville commercial real estate market. With its multiple suites and ample vacant space, this property offers a unique opportunity to acquire a versatile and profitable asset.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HB · Mooresville, NCMooresville. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.