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Property profile & analytics
OFF-MARKET Estimated value $1,670,000
Office Spaces

197 Medical Park Rd Mooresville, NC 28117-8591

7,007 SF 1.31 ac lot Built 2005
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US53-4029841
Property summary
AI-generated overview

This exceptional 1,646 square foot executive office suite is available for lease at 197 Medical Park Road in Mooresville, North Carolina. Located in Mooresville County, this single-tenant space boasts a desirable location and impressive features. The suite offers a generous 13' 9" ceiling height, providing a spacious and airy feel. The entire building comprises 1,646 square feet, meaning the entire space is available for immediate occupancy. This presents a unique opportunity for a business seeking a move-in ready, self-contained office environment. The property's address is 197 Medical Park Road, Mooresville, NC 28115. Its convenient location offers easy access to local amenities and transportation networks. The property type is classified as an office building, specifically an executive office suite, making it ideal for businesses seeking a professional and prestigious address. The building's size and layout are perfectly suited for a single tenant, eliminating the complexities of shared spaces and promoting a focused work environment. This turnkey solution allows businesses to focus on their core operations without the added burden of extensive renovations or fit-outs. The property is ready for immediate occupancy. Interested parties are encouraged to inquire further to explore this exceptional leasing opportunity.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 2005
Construction STEEL FRAME
Total area 7,007 SF
Lot 1.31 ac (57,064 SF)
Zoning code CM
APN 4646-81-9290.202
UPID US53-4029841
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gifted Travel Network Travel Agency
  • Angela S. Harris, OD Physician
  • Galleon Commercial Real Estate Agency
  • Angela Stack Stack Physician
  • Lake Norman Eye Care Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.68M
CAP Approach CAP
$2.02M
Comparable Approach Comparable
$2.12M
Blend (final) Blend
$1.67M
Owner & transaction history
Cwh Holdings LLC · 5 yrs held
Cwh Holdings LLC
since 2021
Last sale
$1.7M
2 recorded transactions
2021
$1.7M
2021
$1.5M
Zoning & alternative use
CM · Mooresville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $2.2M +6.3%
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