Property profile

124 Norman Sta Blvd Mooresville, NC 28117

OFF-MARKET
Turn key restaurants
Property ID
US53-1803003
9,582 SF 1.3 ac lot Built 1989
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1989
Construction STEEL FRAME
Total area 9,582 SF
Lot 1.3 ac (56,628 SF)
Zoning code CC
APN 4647-85-0507.000
UPID US53-1803003

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant Buffet
  • Restaurant

Location

124 Norman Sta Blvd Mooresville, NC 28117-6396
Mooresville metro Census 61403 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.42M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$1.51M

Owner & transaction history

since 2021
Last sale
$1.5M
6 recorded transactions
2021
$1.5M
2016
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · Mooresville, NC
Zoning description

The CC (Community Commercial) zoning district accommodates business uses that provide goods and services to residents of the region and Town, including shopping centers and large retail establishments located along limit…

General category COMMERCIAL

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
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