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Financial
Distress signals
Property profile

260 S Main St Mooresville, NC 28115

FOR SALE
Drive through restaurants
Property ID
US53-2179907
2,405 SF 0.74 ac lot Built 1973
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional ±0.82-acre site presents a prime opportunity for multi-family development in the heart of Mooresville, North Carolina. Approved for a 37-unit project, this land offers significant potential for investors seeking a high-return venture. The property is ideally located on 260 S Main St, just steps away from Mooresville's vibrant downtown area, boasting a thriving retail scene, diverse restaurants, and an active nightlife. Its convenient location ensures easy access to amenities…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$378k
Assessed land$178k
Assessed improvement$200k
Effective rate1.14%

Value estimate

· Oct 2026
$300k
$270k – $330k
AI approach$300k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$242/SF
County average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$91 – $404
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
TD
The TD (Traditional Downtown) district is intended to support and preserve the urban form of downtown Mooresville. District standards sup...
General categoryMIXED_USE
JurisdictionIREDELL

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.1
Plumbing Service9.5
HVAC Service9.2

Location

260 S Main St Mooresville, NC 28115
County assessor Recorded deeds · not on file 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1132 Main, Mooresville, NC 28115-2360 $500,000 May 2025 2,775 SF
943 Oak, Mooresville, NC 28115-2388 $557,000 Mar 2025 1,800 SF
703 Main, Mooresville, NC 28115-2313 $800,000 Sep 2024 3,012 SF
1995 Mecklenburg, Mooresville, NC 28115 $370,000 Sep 2023 2,857 SF
1608 Landis, Mooresville, NC 28115-6906 $2,201,000 Dec 2021 2,495 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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