Property profile

291 Commercial Dr Mooresville, NC 28115

OFF-MARKET
Assisted living facilities
Property ID
US53-5001946
17,156 SF 3.46 ac lot Built 1996
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1996
Construction WOOD
Total area 17,156 SF
Lot 3.46 ac (150,718 SF)
Zoning code HLI
APN 4656-82-7790.000
UPID US53-5001946

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
  • Nursing Home Retirement Community

Location

291 Commercial Dr Mooresville, NC 28115-7870
Mooresville metro Census 61604 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.57M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.57M

Owner & transaction history

since 2024
Last sale
$4.6M
5 recorded transactions
2024
$4.6M
2020
Price N/A
2020
$9.5M
1969
Price N/A
1969
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

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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