140 Theodore Dr Mocksville, NC 27028
TC & TC-CD Town Center Mixed Use TND & TND-CD Traditional Neighborhood Development Mixed Use CI & CI-CD Campus Institutional Mixed Use HC & HC-CD Highway Commercial Commercial CB & CB-CD Campus Business Commercial SP & SP-CD Special Purpose Commercial GI & GI-CD General Industrial Industrial FP Floodplain Environmental WS-O Watershed Overlay Environmental 32…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
TC · Mocksville, NCTC & TC-CD Town Center Mixed Use TND & TND-CD Traditional Neighborhood Development Mixed Use CI & CI-CD Campus Institutional Mixed Use HC & HC-CD Highway Commercial Commercial CB & CB-CD Campus Business Commercial SP & SP-CD Special Purpose Commercial GI & GI-CD General Industrial Industrial FP Floodplain Environmental WS-O Watershed Overlay Environmental 32 | P a g e Town of Mocksville Comprehensive Plan Requests to change the zoning ordinance, whether by application for a general zoning district or a conditional zoning district, is also a request to change the underlying land use plan designation for the area where the property is located. For example, if someone applies to change the zoning from residential to commercial, regardless of the special conditions on the site, the key question is whether a business should be located on that property and whether it meets the general purposes of the ordinance. Such rezoning, and consequent changes to the plan may not individually have a large impact, but taken collectively, may indicate the need to revise or modify the plan to meet continuing demands for growth and development. Figure 20 on the following page provides a map of existing Zoning patterns. Table 18 (below) shows the acreage and share totals for each major Zoning category within existing Town limits, the Town’s ETJ and for the two areas combined. TABLE 16: EXISTING ZONING DESIGNATIONS WITHIN TOWN LIMITS AND ETJ ZONING TOWN LIMITS ETJ BOUNDARY TOWN + ETJ Acres % % Acres Acres % OSR Open Space Residential 161 3.3% 3,198 57.5% 3,358 32.2% GR General Residential 746 15.3% 302 5.4% 1,048 10.1% NR Neighborhood Residential 1,030 21.2% 117 2.1% 1,147 11.0% TND Traditional Neighborhood 34 0.7% - - 34 0.3% NC Neighborhood Commercial 74 1.5% 1 0.0% 75 0.7% HC Highway Commercial 666 13.7% 364 6.6% 1,030 9.9% TC Town Center 134 2.8% - - 134 1.3% CB Campus Business 36 0.7% - - 36 0.3% CI Campus Institutional 266 5.5% 47 0.8% 313 3.0% GI General Industrial 1,203 24.7% 548 9.8% 1,751 16.8% SP Special Purpose 2 0.0% - - 2 0.0% FP Floodplain 211 4.3% 671 12.1% 883 8.5% ROW Right of Way 303 6.2% 315 5.7% 618 5.9% TOTAL 4,865 5,564 10,429 Almost all of the 4,865 acres of land within Town limits is zoned for five main land use categories, including: 1,971 acres (40.5%) zoned for Residential uses (36.5% as Neighborhood and General Residential); 1, 203 acres (2 4.7%) zoned for Industrial uses ; 910 acres ( 18.7%) zoned for Commercial uses (13.7% as Highway Commercial) ; 514 acres (10.5%) zoned for Flood plain and Right-of-Way uses;
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.