Property profile

147 Cedar Pointe Dr Mooresville, NC 28117

OFF-MARKET
Warehouses
Property ID
US53-2050574
8,649 SF 1.44 ac lot Built 2001
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 8,185-square-foot flex/warehouse building, constructed in 2001, is situated on a 1.44-acre lot in Iredell County, North Carolina (APN: 4648-90-0886.000). Located at 147 Cedar Pointe Drive, Mooresville, NC 28117, this single-story property boasts a desirable location in Phase III of Talbert Pointe Business Park, offering excellent visibility with 201 feet of road frontage. The building features a blend of office and warehouse space, including 5,852 square feet of office space and 2,333 square feet of warehouse space. The office area is well-appointed with a professional reception/showroom area, twelve private offices (one with a private bath and shower, another used as a library/meeting room), two large conference rooms (one equipped with an overhead projector and screen), and a full kitchen with appliances. Three additional bathrooms are also included. Most office furniture is included (with some restrictions). Office flooring consists of tile and LVP. The warehouse area features epoxy floors, additional loft storage accessible by stairs, 200-amp power, cost-saving LED lighting, 16-foot ceilings, and two 12x12 garage doors. The property includes 25 parking spaces (one handicapped-accessible) with additional space for deliveries. The permitted zoning is HLI. The asking price is $1,840,000 ($224.80 per square foot). This property presents a unique opportunity for businesses seeking a well-equipped and conveniently located space.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Construction STONE
Total area 8,649 SF
Lot 1.44 ac (62,726 SF)
Zoning code HLI
APN 4648-90-0886.000
UPID US53-2050574

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
  • Roofing Company General Contractor
  • Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Location

147 Cedar Pointe Dr Mooresville, NC 28117-6880
Mooresville metro Census 61304 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.54M
CAP Approach CAP
$965k
Comparable Approach Comparable
$2.01M
Blend (final) Blend
$1.51M

Owner & transaction history

since 2025
Last sale
$1.7M
3 recorded transactions
2025
$1.7M
2021
$1.5M
2004
Price N/A

Zoning & alternative use

HLI · Mooresville, NC
Zoning description

The HLI (Hybrid Light Industrial) zoning district allows a range of office, light manufacturing, and warehousing development, including flex uses, in addition to supportive uses such as restaurants, hotels, recreation, p…

General category INDUSTRIAL
Top alternative use upside
Office building $2.6M +116.5%
Restaurant $2.1M +74.9%
Medical building $1.7M +40.9%

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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