Property profile

223 Medical Park Rd Mooresville, NC 28117

OFF-MARKET
Grocery and convenience stores
Property ID
US53-3943652
13,810 SF 1.53 ac lot Built 2008
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2008
Construction WOOD
Total area 13,810 SF
Lot 1.53 ac (66,647 SF)
Zoning code CM
APN 4646-81-8615.000
UPID US53-3943652

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
  • Grocery & Convenience Store Food Market
  • Grocery & Convenience Store Specialty Food Shop
  • Car Wash
  • Gas Station

Location

223 Medical Park Rd Mooresville, NC 28117
Mooresville metro Census 61404 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
$900k
Blend (final) Blend
$705k

Owner & transaction history

since 2015
2 recorded transactions
2015
$2.1M
2013
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
Retail stores $1.1M +172.3%
Medical building $1.1M +158.5%

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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