Technical
Financial
Distress signals
Property profile

185 Williamson Rd Mooresville, NC 28117

OFF-MARKET
Banks
Property ID
US53-2858511
3,643 SF 1.09 ac lot Built 2022
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3.96-acre outparcel in Mooresville, North Carolina, presents a unique investment opportunity. Located at 185 Williamson Road, zip code 28117, this commercial property offers a flexible layout suitable for single or multi-tenant occupancy. The site is zoned for retail use and currently features a building with three individual suites, totaling 1 square foot. However, the property is ideally suited for a build-to-suit development, allowing for complete customization to meet specific business needs. The expansive lot size provides ample space for parking, landscaping, and potential future expansion. Situated in Iredell County, this location benefits from excellent visibility and accessibility, making it an attractive option for businesses seeking high-traffic exposure. The property's versatility and prime location in a thriving community make it an exceptional investment prospect for discerning buyers. The existing building, while small, provides immediate income potential or a starting point for redevelopment. This is a rare chance to acquire a strategically positioned commercial property with significant upside potential in a rapidly growing area. Serious inquiries are encouraged.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2022
Construction STEEL FRAME
Total area 3,643 SF
Lot 1.09 ac (47,655 SF)
Zoning code CM
APN 4647-35-5196.000
UPID US53-2858511

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
  • Atm
  • Bank Loan Service

Location

185 Williamson Rd Mooresville, NC 28117-6831
Mooresville metro Census 61403 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.45M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.45M

Owner & transaction history

since 2024
Last sale
$2.5M
1 recorded transaction
2024
$2.5M

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

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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