Property profile

130 Plantation Rdg Dr Mooresville, NC 28117

OFF-MARKET
Medical Office Space
Property ID
US53-5612455
28,020 SF 1.89 ac lot Built 2003
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional medical office building, located at 130 Plantation Ridge Drive in Mooresville, North Carolina, offers a total of 19,464 square feet of space. Currently, the entire building is available for lease, providing a unique opportunity for a single tenant or multiple tenants seeking flexible space options. The building is comprised of three individual suites, with the smallest divisible space measuring 742 square feet and the largest contiguous space totaling 13,449 square feet. This allows for significant adaptability to suit various medical practices or healthcare-related businesses. The property is situated in Iredell County, offering convenient access to major transportation routes and a thriving community. The building's location in Mooresville, NC, zip code 28117, provides excellent visibility and accessibility for patients and staff. This is a sublease opportunity, with the lease expiring October 31, 2030. The property is classified as an office building with a medical office subtype, making it ideal for a wide range of healthcare providers. This is a rare opportunity to secure a substantial and well-located medical office space in a growing area. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2003
Construction STEEL FRAME
Total area 28,020 SF
Lot 1.89 ac (82,546 SF)
Zoning code CM
APN 4647-24-2885.000
UPID US53-5612455

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
  • Real Estate Agency
  • Physician
  • Real Estate Agency
  • Real Estate Agency
  • Physician

Location

130 Plantation Rdg Dr Mooresville, NC 28117-9238
Mooresville metro Census 61402 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.90M
Blend (final) Blend
$4.09M

Owner & transaction history

since 2019
7 recorded transactions
2019
$9.0M
2018
Price N/A
2012
$7.1M
2009
$6.0M
2006
$4.2M
2006
Price N/A
1969
Price N/A

Zoning & alternative use

CM · Mooresville, NC
Zoning description

The CM (Corridor Mixed Use) zoning district is intended to accommodate a mix of retail, office, hotel, and institutional development, as well as multifamily and townhouse dwellings at medium densities. It serves as a gen…

General category MIXED_USE
Top alternative use upside
Restaurant $6.8M +24.1%

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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